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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Post by Birpind1on Apr 30, 2012 3:06pm

480 Views

Post# 19852946

something is up?

The warrants are trading at a huge premium and volume today is spiking with house 74 selling and anon buying.On the other side house 74 is buying the shares.The warrants have held up very well when they should be trading around 0.25 but have held staedy in the mid .50's.Volume on the warrants currently at 364,000.Some one is very confident in ML since the warrants expire next january.I guess the warrants don't trade enough for computer trading to manipulate the price as per the shares.

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