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

Comment by LongonZincon Jun 29, 2012 12:50pm

302 Views

Post# 20069197

RE: RE: RE: RE:Copper up.I wonder why?

Grant,

You just bought some? Look at moly, right at long term support of 12.90, I think if it busts through 12.90 you can expect to see another massive plummeting of the sp. Also, I wanted to point something out to you with respect to their stated cash costs for copper. Look at their production profile. It went from 10:1 cu/mo, to 10.7:2.7. That is huge, as the proportion of revenue has significantly increased. This dramatically decreases the copper cash costs. Remember they do not include admin and on site exploration into their cash costs. That is averaging 6.5-8 million per quarter.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?