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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 bigguy6on Mar 04, 2011 6:00pm
542 Views
Post# 18235345

Huge Insider Buying!

Huge Insider Buying!Massive recent insider buying at ML ...to the tune of almost 7 million shares around the $4.30 mark.  Sweeeettt!!

You'll note Vladimir is the insider dude that just made a bundle on a whack of Neo Materials Tech (NEM) shares that he has been selling recently...so i guess buddy was looking for somewhere to put his big windfall and decided to buy ML with it.  That's a nice vote of confidence!!!

Mar 03/11 Mar 02/11 Iorich, Vladimir Indirect Ownership Common Shares 10 - Acquisition in the public market 4,188,700 $4.318
Feb 24/11 Feb 22/11 Broch, Michael J. Direct Ownership Common Shares 51 - Exercise of options 50,968  
Feb 24/11 Feb 22/11 Broch, Michael J. Direct Ownership Common Shares 51 - Exercise of options 57,439  
Feb 24/11 Feb 22/11 Broch, Michael J. Direct Ownership Options 51 - Exercise of options -100,000 $2.270
Feb 24/11 Feb 22/11 Broch, Michael J. Direct Ownership Options 51 - Exercise of options -200,000 $3.300
Feb 24/11 Feb 22/11 Iorich, Vladimir Indirect Ownership Common Shares 10 - Acquisition in the public market 2,650,000 $4.290
Bullboard Posts