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.

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Mercator Minerals Ltd

Bullboard Posts

Comment by tsawbosson Jan 08, 2009 1:01pm

491 Views

Post# 15691428

RE: ML is good and is going up

I do know why.

TCM has supported their own share price by overpaying thru buybacks over the past 18 months.Its the easy way out for them,rather than lower costs or pay a dividend they choose to support their EPS thru buybacks.

At the height of the Moly prices they never even paid a dividend....where did all that money go?

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