Mercator Minerals Ltd MLKKF

Metals & Mining Industrial Metals & Minerals

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

Mercator Minerals Ltd

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Post by georearlon Mar 30, 2010 6:05pm

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Post# 16941574

Thoughts on ML TA

So it tested the prevalent bear trend of the last few weeks today, which is great. It literally just touched it but didn't make it thru.

It is looking more and more like it could be coming to a bottom here. Sooner that I would have liked, but that's all good. So, if tomorrow is a good day and it punches through, I'm probably getting in to about a 30% target holding. By break through I mean sustains at about $2.64.

Of course fundamentals come into play which could send this anywhere, being the release of their numbers.

So, not certain I'm back in yet, but certainly paying close attention. Luck to all.

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