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

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Comment by Ahsanon Jan 16, 2012 1:15pm

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Post# 19408221

RE: Pebble Crusher

i would be careful over here. first of all they missed again on their numbers. second this production increase doesnt really mean anything if they cant improve their eps. i have been trading this stock for some time now and its the same story again and again. increased production, no improvement in eps (or loss to be exact). overall result share price crapping out and then PP being done at lower prices to basically dilute the existing shareholders. enjoy the ride while it last but i am pretty sure when the numbers come out the reality will hit very hard. no profit or basically break even.

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