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 NobodyKnowsOneon Sep 12, 2012 11:15am

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Post# 20352235

RE:RE:RE: Copper Inventory

It seems to me that Telemarker's forecast is looking years ahead. Like to 2015. Near term commodity prices are strong and getting stronger.

From Bloomberg:

“Commodity prices are poised for a good second half,” Harry Tchilinguirian, BNP Paribas SA’s head of commodity-markets strategy in London, said by phone. “After the risk-off correction in the first half of this year, global monetary policy easing alongside individual supply constraints provide a positive outlook for commodities.”

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