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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 studpuppyon Mar 09, 2010 3:43am
451 Views
Post# 16859281

TCM yap yap champions!

TCM yap yap champions!Here`s what i wrote on MOL`s board and i think it concerns us here also, just my humble opinion and im sure i will ruffle some feathers specially the tcm fans!!

My two cents on Thompson creek.........yap yap yap yap yap that is all they have been doing is YAP and no action since last summer they have been YAPPING about acquiring or diversifying new assets so while they are yapping away the chinese on the other hand are doing something BUYING no yapping just buying!! and get this i love this one
08/03/10
NEW YORK (Reuters) - Molybdenum miner Thompson Creek Metals is actively looking at acquisitions in a bid to diversify the company's commodity offerings, the company's chief executive told Reuters on Monday.

"I think we can be significantly bigger and, importantly, I think we can be diversified," Chief Executive Officer Kevin Loughrey said in telephone interview at the Reuters Global Mining and Steel Summit.

Loughrey said the company does not believe that its shares get any boost from Thompson Creek's status as a pure play molybdenum company.

"The argument can be made that the diversified metals companies get a little advantage in the marketplace because of the derisking effect of being more diversified. Growing the company in terms of more projects and more commodities is a valuable long-range business model," he said.

It is possible that the company would do a deal valued at more that $1 billion for the right target, Loughrey said.

He noted that the company has looked at copper assets, but said the price "is a little frothy right now." He said the Canadian-listed, Denver-headquartered company is also looking at other commodities that could be inputs for the steel business.

look at the underlined line, had they done anything during last summer or during the fall like they said they would do well the prices wouldn`t be FROTHY RIGHT NOW and even in there own forecasts they see prices of metals going up so.......i just don`t get it !!!
bottom line i had just  enough of tcm month after month or interviews after interviews yapping away and doing nothing with there $1 billion, maybe im a nobody and i do not understand how their business works and if they do buy something in the NEAR FUTUR i will come back on the board and bite my tongue, until then im sure we will hear more yapping from them, more rumours on these boards, and no i dont own tcm shares!(sh..t load of ml & mol just recently)

im done yapping 
regards stud
Bullboard Posts