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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 riskyon Dec 14, 2011 7:59am
431 Views
Post# 19320295

How low will we go..

How low will we go..Presently, I am invested in 5 stocks, one of which is ML...I have 20K shares at 2.20 avg....yes I blew it when it went to 4.90...admitedly so...but why cry over spilled milk... I still have the shares, and will hold them for at least until they are 4.00.....who knows how long that will take...
All my other stocks suck too...especially PPI.....I got in at 78 cents on a steal.....now it is at 17 cents...and I am a bagholder with 30K shares...yuk......it will be years if ever I recoup...
My only hope is CMA, I bought in at 40 cents , because I heard it was going to a buck....flash forward 6 months, it is trading at 21 cents, and I averaged down to 22 cents, but after I purchased a ton of shares , now I have 100K , but I have a good feeling about this one.....my other 2 investments don't matter....INT and PNP ....they will recover with time...
All the best to everyone here, and lets hear your story, it sucks to be an investor now, so we might as well lighten up the board...
risky
Bullboard Posts