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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 nearnorth101on Apr 10, 2010 9:57am
301 Views
Post# 16977605

RE: My half an hour conversation with Marc

RE: My half an hour conversation with Marcgreat post! thanks, lots of information. I think that ML has done a great job so far with developing Mineral Park, I have been following them for about 5 years, bought some shares at $1.00 sold most of them off between $4.00 and $11.00. I sold some last year at $1.60 because I needed the money, wish I would have been able to hold those ones. I just picked up some more though the day before the financials for $2.55, I was disappointed that the SP dropped so much afterwards but I never thought I was going to be able to get shares for even $2.55.
As long as metal prices stay as high as they are now or even increase, ML is going to be a great company, sure they have had some problems along the way with the mill but once everything is sorted out and they get the expansion finished, they are going to be a very profitable company.
I'm really looking forward to the second half of 2010 and I really think that the SP will be a lot higher by the end of 2010 then it is now.
GLTA
Bullboard Posts