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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 georearlon Jun 08, 2010 6:04pm
482 Views
Post# 17170433

Building a Position

Building a PositionSo I've been building a position in ML for the last few weeks. The company is solid and it will pay back big returns. I intend to put pretty much my entire portfolio (which has largely been cash until recently) into this one. There is some serious cash to be made here. If it goes down in the coming week or 2, I'll add to the position (and sell out if it drops dramatically), If it goes up I'll be adding, assuming the bottom has been and gone. Hopefuly this time is the right time to climb back on. Nice to be back long.

Georearl
Bullboard Posts