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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 17, 2010 9:56pm
877 Views
Post# 17200395

TA Thoughts

TA Thoughtshttps://mognjg.bay.livefilestore.com/y1poLnJsV2DidLKh5xvZR_c4ybFS3ODCkIKK0MScx300Df1CaxR1j1qZVfom810qbWeddB36D9PRkLJYgbMO73TJJ2y67LGM9PL/test.JPG?psid=1

TA looks great! Check out the triangle formed. Tomorrow looks like the day it breaks through or maybe 1 last tiny day on the apex where it could sit between 1.78 and 1.80. Lows are getting higher (if that makes sense). Look at the MACD, as you can see is rock solid - give me a shout if you don't understand a MACD. Volume on an up day (today) is better than on the down day (yesterday), although the volume was tiny it's still a positive indicator. Tomorrow and Monday should be very interesting indeed - something will change, and I'm banking on it being positive. THis is just awesome - opportunities like this don't come along often. Even this board is quiet, which is a great sign - many have left, but selling has stopped. When you see this board gettingmore and mroe posts - you know the crowd is interested.
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