Mercator Minerals Ltd MLKKF

Metals & Mining Copper

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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Post by NobodyKnowsOneon May 09, 2010 4:29am

551 Views

Post# 17078360

RE:RE:RE:RE: goldman's little booboo

Goldman's will get a slap on the wrist, maybe a fine from the SEC for a few hundred million dollars, then it will be over, and back to business as usual. And they certainly don't need the money from this trade to pay the bills.

Also I disagree with Justin about the market turnaround. I see this as a normal market correction that will take weeks to work itself through. Sure there could be upticks in certain stocks, but within the context of correcting markets, which means they will uptick weakly and come back down.

Longer term, I like to listen to John Redstone when he's on BNN. He keeps me optimistic about the future. Incidentally, his stock recommendations for big gains are Inmet, Alcoa, and Thompson Creek.

Have a look: https://watch.bnn.ca/#clip299266

Cheers

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