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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
Post by godisgr81on May 18, 2010 9:49pm
375 Views
Post# 17111711

Market overall down 8% from the highs

Market overall down 8% from the highsGuys, there are approx. 3.5 trillion dollars in the money market that missed the run up to our highs, they are now looking to get back in near the bottom. Yes we may go down to 10 - 15%, but very unlikely to test the lows of 2009.
Most of the analyst are still looking at 1350 S&P early next year. I say don't play the panic sell and hope to catch the bottom. Let this play out and eventually we will reach our desired target for the market and ML. Live in Piece and God Bless.
Bullboard Posts