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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 greenpastureon Mar 13, 2009 3:53pm
392 Views
Post# 15843837

RE: RE: RE: RE: RE: RE: RE: my guess

RE: RE: RE: RE: RE: RE: RE: my guessDec 19 bottom low .29 was confirmed with a .335 low Mar 6 . Downtrend Jan 6 and Feb 6 got busted, as did the Nov 4 and Jan 6 one did.  Low vol on higher closes into new highs after a confirmed downtrend break is usually positive. .70 , .96  will be resistance as the DOW moves into the 7500 range. Most will buy more if and when those highs get broken. Until then, patience is the key. Quiet gathering of shares is  a traders dream with the hope of paying for a few and holding those for the return to glory days. Might be a dream but who cares. If they are paid for the gamble could be interesting. 
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Dealroom for high-potential pre-IPO opportunities