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Mercator Minerals Ltd MLKKF

Metals & Mining Industrial Metals & Minerals
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
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Comment by brendellyon Jan 27, 2009 4:34pm
357 Views
Post# 15731645

RE: RE: RE: Copper will face a big price spike in

RE: RE: RE: Copper will face a big price spike inGood close considering the volitility of the markets today. TCM's decrease in production was expected and getting some temporary heat for it (which should make a recovery). Although there is alot of uncertainty with costs and production guidance with this company, I do like the fact that it is not a pure moly play and and think that copper will recover before moly does, that being said, this may be the kicker in keeping ML's head above water. Should find out soon enough.
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