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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
Comment by jphon Aug 13, 2011 11:06am
417 Views
Post# 18938775

RE: Vote NO!!!

RE: Vote NO!!!So let me get this straight Studpuppy - you want us to remove the incentive that the people running the company have to make the stock price go up. Is this correct? Are you sure that you have thought this thru buddy?
Options do not cost the company anything. The company actually makes money off these options since they are bought from treasury and  sold on the open market.
So aside from jealousy - why would we vote against this incentive?
In my view - as long as the options are at the price I have the shares at - everything is good.
Bullboard Posts