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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Comment by junior_mineron Jun 09, 2010 2:29pm

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Post# 17173766

RE: RE: RE: RE: RE: RE: Mercator

Along the same lines with LongonZinc. Many important questions were too easily dismissed.
The fact that they think 20% Cu concentrate was the design value makes me think they may have different opinion than rest of us on design operating costs and design recoveries.
Besides, recoveries are easier to reach if you can trade off concentrate grade. But, you pay it in freight and TC/RC.
Good job Justin and Godis. The company goes in right direction, but they should take their investors more seriously.

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