Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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.


GREY:MLKKF - Post by User

Mercator Minerals Ltd
Bullboard Posts
User Avatar Image
(0)
•••
Comment by LongonZincon Jun 16, 2012 10:56pm
420 Views
Post# 20022503

RE: RE: RE: RE: RE: Might Capstone buy Creston Mol

RE: RE: RE: RE: RE: Might Capstone buy Creston Mol

DEH,

 

I have seen hedge funds and others like Pala  who owned ~20% of a miner dump, dump, dump, dump for 95% plus losses, very, very common, I can think of many examples.  Pala did very poor DD and got burned they pushed the share price from 2.85 to nearly 5.00; those in the know sold to them; I know I unloaded directly to them.  The big sp move was almost purely based on their buying, they created a massively over priced stock run by a wannabe who milked share holders for millions while failing at ever aspect of his job.  The Russian's are bag holders on this one.

 

However, the selling was likely not Pala, look at the late afternoon action on several of the companies that were being removed from the TSX index...they got hammered on high volume.  Many funds needed to liquate before the monday.  PM if you want the list.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities