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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Post by intowinon May 17, 2010 12:48pm

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Post# 17105967

Timing

ML never seems to have good luck when the issue their financials. A bad day today with the price of copper down so much and market tanking. Having said that the hedge price doesn't look so bad now does it? Sold out all a week or so ago and glad I did. Watching closely though as it's getting real cheap.
Gold is the only place to be. Here's a tip, keep a eye on TMM in the short term, you can recoup some of your losses there.

GLTA.

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