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 ahmed124on Aug 30, 2012 2:19pm

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Post# 20280701

RE: RE: RE: RE: Fall Run

ALV has a target of 1.6$. This mean nothing. Look at any stock all what ANALyst have a price target higher than the current price. So if you are listenning to them im pretty sure that's the reason why you are losing money.

I am doing very well with ML. I bought at 1.5$ and sold at 1.28$. I took a small loss but you should learn how to trade on techninals as well.

If ALV and all the others ANALyst think this will hit 1.6$ then why aren't they buying?

Bullboard Posts

Geologica Resource: Polymetallic upside at a depressed price