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

Bullboard Posts

Post by vlieton May 08, 2009 12:56pm

445 Views

Post# 15978512

Very Bullish Trading on ML!!!!

We are again one of the top 10 volume stocks on the TSX and have held onto the gains we've made since the private placement. The momentum died down the other day and the momentum players moved to play breakwater and opti. There was a natural fall off in share price. The buying interest then and now (ie large volume) has shown that there is some very serious backing of ML at these prices. Those participating in the PP are up 69% and yet they are not selling more than is being bought up by other houses. Incredibly bullish trading! Not often will a stock with this kind of market cap maintain such a large volume for so long and hang onto it's gains so well. I see a push to recent highs and above next week.
Here's a list of most actives thus far today: