Mercator Minerals Ltd MLKKF

Metals & Mining Copper

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 STVPon Sep 07, 2012 11:34am

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Post# 20332121

Copper and Moly

Copper prices and Moly Prices are the two main factors that will move ML. Given that both are starting to move up on China infrastructure program and almost certainty of QE3 in US, ML will only go higher. Cad dollar, Copper, Moly are all up due to QE3 then add China infrastructure program and ML earnings for Q3 should be a beauty.

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