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 dbeliteson May 18, 2012 2:29pm

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Post# 19926548

RE: RE: RE: RE: No Brainer

This is all out of our control. If anyone thinks that it will hit 1.50 or .30 it really doesn't matter. Buy or sell as you feel. The only real issue is whether Greece will leave the euro. If it does, there will be a tremor that will bring everything down a bit. The ECB said today that it could absorb a Greek default. The big issue is what's behind Greece. In trading I think it's called an 'iceberg'. You really don't see what is next after Greece leaves the EU. Spain may well be that "iceberg''. The ECB said it could not handle a default of a country that size. Then forget the tremor more like a massive earth quake. If you want to see ML at a low sp wait 12 months and see where Spain ends up. This will be the same across all the indices but especially our Venture Exchange. Maybe you can get in at .05 or less.

IMHO

dbelites

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