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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 willis888on May 18, 2010 10:14pm
520 Views
Post# 17111763

Carch

CarchWell,well we have a new guy(most likely someone with another alias) that just signed up today and knows where the bottom and has all sorts of insight on ML.

-First of all why don't you put on paper and tell us what the bottom is.Where are you going to buy?You never know where the bottom is until after you have past it.

-Funny you say you've made 400% on ML before and never have posted here before.

-You guys think this is going to 0.50 are a joke.It went to 0.35 last time because everyone thought they were going bankrupt.They had creditors go thru their finacial information and just received financing.We all know hard hard it is for companies to get financing these days but mercator got it.

-Yes I think there is further downside and we will move lower with the markets.I feel 1.40-1.50 will be it.But 0.50,come on ,we will see a takover offer pretty soon if we stay at these levels that will be much higher than the current stock price.This is a solid asset located in the USA!

-We a closer to the bottom ,than we are to the top!
Bullboard Posts