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Mercator Minerals Ltd MLKKF

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

Bullboard Posts
Comment by ElJon Nov 19, 2009 11:11pm
582 Views
Post# 16506336

RE: RE: RBC Comments

RE: RE: RBC CommentsGood post LongonZinc....... I agree that grade and recoveries information would be useful(critical to fuller understanding). I was also unclear on the mining and processing costs recorded for Q3 at  $13.59 million compared to $9.18 m in Q2 and $8.86 in Q1, 2009, given the recorded production numbers in these respective periods. You are clearly correct that the price of copper (above $2.85 region is critical on the down side and the price of Molybdenum is key to the significant gains from current to which some shareholders aspire. Take-over interest by deep pockets is a genuine possibility for a company such as Mercator, but I like their own recent initiative in this respect....solid undervalued assets purchares for future growth,  

Peace,
Good Decision-making to All,
ElJ
Bullboard Posts