Mercator Minerals Ltd MLKKF

Assets in the ground

[vliet]

Mercator is now a producing company but it's early on in it's production.  People tend to way over analyze the early production while the kinks are being worked out.  Keep in mind that the vast majority of expenditures have already taken place and only a few million more will bring this company up to Stage 2 production (double stage 1 production).  We have a resource with more than a 25 year mine life.

NorthAmericans of late seem to place very little value on resources in theground. This has meant that many undeveloped assets have been sold offby companies which are short of funds at firesale prices. China hasbeen a major buyer of these resources. People need to get their headsout of the sand. China has billions of people coming into the middleclass in a short amount of time. Once they have TVs Cars and othermodern conveniences do you think they will be satisfied going back? Theworld is going to be extremely short of natural resources. I for onethink the next 30 years are going to see major changes on the face ofthe planet do to a short supply of available resources. All of myinvestments are in natural resources and that is where they will stayuntil we see a tremendous bubble to the upside. This financial crisishas just accelerated the timeline IMO as it has made resources verycheap for the developing world. China has been very forward looking bybuying up natural resources and resource companies while prices haveremained low. People forget about the shortages of virtually everyresource in the year leading up to the collapse. When the Western Worldstarts consuming at an ordinary level we'll be faced with a China,India etc that is in full modernization/industrialization mode. Combinethis with the cutbacks in production and delay of growth that manycompanies have had to commit to and you get a fairly serious shortagewhich could hit us quite quickly. I shudder every time I hear ananalyst dismiss China. Their heads are buring so far in the sand.....