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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Comment by firewatchon Sep 02, 2009 9:15am

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Post# 16270139

RE: well is it over

Is it over? Who knows...honestly I don't think any knows what is going to happen and any one that says they do is probably guessing.

I was listening to BNN yesterday morning and they had a senior analyst on telling the audience that UBS is confident copper is going to rise and the issues in China are really non issues and should be discounted. He said it was an immature market that is not open to non residents of China so the swings are more wild and often caused by retail investors. UBS raised their price target for copper.

The very next guest was an analyst from S&P who says copper is going to decline as the price has outpaced the demand.

They both speak very convincingly yet are diametrically opposed. Bothed are educated and learned in their profession yet have opposite views. So who knows???????

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