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

Bullboard Posts

Comment by LongonZincon Jun 15, 2011 11:08am

411 Views

Post# 18718088

RE: RE: True EPS?

I don't have time this morning, I have to go give a presentation, but I will say you guys have this wrong. They sold their copper production at spot prices and covered the hedged copper using cash, that cost $11 million dollars, they just booked it so it looks like revenue for copper sales was 39 million when in fact it really was only ~28 million.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?