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.

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Mercator Minerals Ltd

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Comment by godisgr81on Apr 29, 2010 5:09pm

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Post# 17046023

RE: RE: RE: RE: RE: LONGZINC

jph, I agree with you whole heartly. We require patience with this stock and we will see the light but this will take at least six months. My timeline is around 6 - 12 months. Their Q3 and Q4 recoveries will increase significantly with the addition of the floatation cells. I know it's tough this week and may get tougher but the long range forecast is still bright.

By the way, someone asked if I'm diversified and my answer is not really. I have three resource stocks in my entire portfolio. ML 75%, TCM 27% and DM 3%. I'll never learn I guess but I'd like to get one kick at the can before I call it quits.

Anyone have any advise on how to not look at your portfolio everyday? I would like to look at my holding six months from now and be totally surprised. To the upside that is.

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