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

Post by tsawbosson Mar 13, 2009 9:22am

427 Views

Post# 15842273

Notes

Past 3 days near 80% of the notes been dumped at 48 cents on the dollar.That loss is near 2x todays market cap.If this is going to pan out,all they had to do was wait another 23 months to get paid back.

With that kind of bath being taken I doubt the common will go higher.

Bullboard Posts

Invest wiser with BMO's InvestorLine Platform features