Mercator Minerals Ltd MLKKF

Metals & Mining Copper

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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Post by NobodyKnowsOneon Aug 26, 2010 1:44pm

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Post# 17386546

RE: RE: RE: RE: 50% hedged is good

I like your points, Justin. Sounds like management bungled another one on the hedging issue. And if you remember, at the time, I was not in favour of any hedging whatsoever. Let the chips fall where they may.
Maybe it's time to oust these cowboys and get some decent executives in their place. Are we not a target for takeover at these prices?

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