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Mercator Minerals Ltd MLKKF

Mercator Minerals, Ltd. is a mineral resource company engaged in the mining, exploration, development and operation of its mineral properties in Arizona, United States and Sonora, Mexico. The Company’s principal assets are the 100% owned Mineral Park Mine, a producing copper-moly mine located near Kingman, Arizona and the El Pilar Project located in Sonora Mexico. The primary focus of the Company is the expansion of copper production and molybdenum concentrate production at the Mineral Park Mine, and the development of the El Pilar Project. Its other projects include The El Creston molybdenum property, which is 175 kilometers south of the United States Border and 145 kilometers northeast of the city of Hermosillo; Molybrook, which is located on the south coast of Newfoundland, and Ajax, which is located 13 kilometers north of Alice Arm, British Columbia.


GREY:MLKKF - Post by User

Bullboard Posts
Post by leakeybillon Oct 02, 2008 5:13pm
313 Views
Post# 15501072

Growth

Growth
Why do they companies have to growth to the point they fail. What if ML just keep mining the deposit over the next 25+ years and started to pay a dividend, would that be unheard of in this modern age.  They could likely spin off a good amount of cash.

I believe that People going forward will not put their money in the market unless they are fairly certain of a return. I listen to Warren Buffet today say people will not be able to make money based on leveraging the same way they have in the past and will be looking for a return based on real money and real capital invested.
Bullboard Posts