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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Comment by jphon Apr 12, 2011 12:23pm

682 Views

Post# 18419481

RE: RE: RE: Over Reaction

The price of Moly now has a huge effect on the ML share price. Moly should be up at the $25 range at the moment so this looks like a good deal all around.
I think some of the drop in ML is shareholders jumping over to CMS since there is more leverage due to that 8 cents.
Now I have a legitimate excuse to post on the ML forum. LOL.
JPH

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