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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
Post by nolidgeon Feb 21, 2010 1:00pm
299 Views
Post# 16804231

Copper play is heating up...

Copper play is heating up...2010 is shaping up to be a great year for Happy Creek! HPY.V
(copied from the HPY BB)  don't be late.. short term my target $2.50 with only 29mm shares o/s
These  are the facts:

1.       News came out after market on Friday.  Sensational news!  The rhenium is widespread and in good amounts.  Only a handful of rhenium producers in the world.  Happy Creek now has a rarity which appears to be widespread on their property!!!  Rhenium is $6050 a kilogram!

2.        Happy Creek borders Teck’s Highland Valley Copper Mine (one of the largest in the world)

3.       Happy Creek has pinned pointed at least 2 zones on their property and other promising drill targets.


4.      
Happy Creek’s property is absolutely huge.


5.      
Happy Creek’s mineralization correlates to Teck’s.


6.      
Huge drill intercepts of copper have been drilled and now need to be defined.


7.      
Step outs of 100 meters in the right direction could build this thing into a monstrous size.(Teck defined reserves at 60 to 115 metre centers and resources at 124 meter centers).  A few 100 meter step outs could easily build this sucker up.


8.      
Happy Creek has RHENIUM in their drill core.  This adds a lot to the bottom line. This is ice cream, strawberries, chocolate syrup and icing on the cake!  Rhenium is very rare. 


9.      
Happy Creek has Molybdenum, silver and gold with the copper too.  This adds significant credits to the value of what they have.


10.  
The very close proximity to Teck’s operations puts HPY on Teck’s radar. 


11.  
Infrastructure and civilization is close. This isn’t any remote wilderness location. 


12.  
 Happy Creek has a couple of other projects that could be company makers too!!!


13.  
Only 27 million shares. 

14.  
$1 million in the company coffers.

15.  Real company, real management, real property!!!

Bullboard Posts