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 molark99on Sep 23, 2010 2:24pm

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Post# 17484908

RE: RE: RE: interesting

Hey man, good to see your still kickin !!!

I have only lost one trade on ML, when I bought at 3.30 and sold at 3.15...that was kinda dumb for buying, I shoulda known better. having said that though, I have made a lot more cake on ML than I lost lol

I really love copper going forward, although I just sold my DM shares today for a really nice profit. Im still holding a bunch of ML shares I bought at 1.70, looking for 2.70 - 2.80 short term to unload.

No doubt you will do well holding long term on ML. I consider myself more of a swing trader of sorts. I like to capitalize on pullbacks and upswings. Besides it leaves me in cash about 40% of the time which reduces risk and allows me to pounce if an opportunity presents itself.

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