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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 studpuppyon Sep 02, 2010 2:18pm
645 Views
Post# 17409096

Next step..$2.10

Next step..$2.10we went through $1.82 and then $2 resistances now we have to go through the $2.10 mark with good volume technicaly speaking and then we fly, if you look at the charts(upsidedown)  beg.august we did the left shoulder and end of august we did the right shoulder,the head is around mid month, the term called is head and shoulders (there is the top and the bottom) so we have to blow through $2.10..and then we should settle around the $2.50-$2.60!!! again this is my opinion alone,im no expert, forget TA if we look at the fundementals it looks good also,all the right pieces are falling into place, unless the markets crash the days in the $1 are almost over for good!!!
GLTA especially all the longs that have been here for over a year now!!
regards stud
Bullboard Posts