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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 trader520on Jan 04, 2010 1:39pm
224 Views
Post# 16635963

RE: RE: RE: RE: free real-time stock quotes GOLD

RE: RE: RE: RE: free real-time stock quotes GOLDQuestrade has worked great for me. $4.95 per trade or 1 penny per share up to $10 max, whichever is the higher. The trading platform isn't all that, but if you don't mind hitting 'enter' to refresh, then no problems. I might upgrade one day when I have lots more money to a better platform, but good for now.

As for ML, the big question here is, what will Moly trading on the LME do to the price of moly. I believe there will be a fair bit of interest and hedging at the current level from the buyers, price will go up, ML will be $5 end of April or May. End of 2010 I see maximum of $7. That's my guess.

As a speculation and pure moly play I bought a little of  V.ROK. If moly prices increase, so could this easily. Be carefull and do your own DD, this is my play money, not major money like ML which i would never sell at these levels.

Cheers and GLTA
Bullboard Posts