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

Bullboard Posts

Post by NobodyKnowsOneon Feb 16, 2010 3:01pm

403 Views

Post# 16788961

Not sure....

if I'm reading the markets correctly, but in spite of improving fundamentals, investors are still reluctant to move back into the riskier junior assets. And particularly I mean mining assets. However, if things continue to improve over the next few days, a wave of buyers could build up.

Long, short, and intermediate term, patience is required.

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