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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Post by Birpind1on Nov 21, 2010 6:39pm

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Post# 17736627

Good debates...

but come on.Are we in tax loss selling season or tax gain selling season.The last time I checked,when you are this close to January you don't trigger taxes payable until january.Why do you want a large tax bill a year earlier if you can wait 6 weeks and sell then and keep that money for that extra year.I am not bashing,so all you sensitive ones take it easy but what a huge coincidence that a couple insiders both need a whack of money the same day!Go ask your financial advisors if this is a good time to trigger taxes payable so close to year end.
Like I said ,if it was just one guy,I have no problem,but when it is a couple,I would have to be cluelss not to pay attention and have suspicion.
Please help me understand why I would want to pay a large tax bill in 2011 instead of 2012 unless I think the value of my investment is going to drop.
Thanks,

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