Mercator Minerals Ltd MLKKF

Metals & Mining Copper

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

Mercator Minerals Ltd

Bullboard Posts

Comment by tsawbosson Jan 08, 2009 11:57am

378 Views

Post# 15691164

RE: get as many as you can

If TCM gets back to $15,ML will be higher than $1.49...more like 8 to 10.

As a moly Company,ML will produce on a per share basis,almost as much Moly,and using a copper credit Mercators net cost will be subsatntially lower than TCM,by a country mile.

At 1.40 copper,using as cost credit for the Moly.......ML moly cost could fall beneath $5 lb or about 2/3 of TCM's cost.

Bullboard Posts

Invest wiser with BMO's InvestorLine Platform features