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.

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Mercator Minerals Ltd

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Post by hossain499on May 29, 2009 7:18am

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Post# 16026110

Panic buying soon!!!

Overall market sentiments are improving. Look at Japan for their industrial production released yesterday evening- sharpest rise in 56 years. Copper is now trading at 2.20$/lb. Now there is a growing optimism in the market that recession is nearing to end. Even "supper bears" also showing some positive attitude about the economy and started to come out from their cave.

May be the panic buying is coming soon. I am holding ML long and strong, won't sell a single share due to day-to-day market noise. I will ride with the trend.....

Cheers long....................

AH

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