Mercator Minerals Ltd MLKKF

Metals & Mining Copper

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 NobodyKnowsOneon Nov 19, 2009 1:51pm

517 Views

Post# 16504366

Re: RE: RBC Comments

I don't know about the others, LongonZinc, but I appreciate your point of view. You are clearly more knowledgeable about business finance than I am, and whether I agree with you or not, if your comments contribute to getting at the truth about this company on this board, then that's got to be a good thing.
I have to admit that after I read RBC's analysis of Mercator's Q3, I largely agreed with what they were saying. It casts doubt on Mercator's ability to perform, and it is up to management to answer those doubts, soon I hope. Meanwhile I give them the benefit of the doubt.

As for the debt, one can only assume that they are working assiduously on the problem.

Cheers,

NK1

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