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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
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Comment by Kurd30on Sep 30, 2012 3:13pm
185 Views
Post# 20430798

RE: RE: RE: RE: RE: ml

RE: RE: RE: RE: RE: ml

The fact is that the main overhang with ML is the financing and debt restructuring uncertanties.  If both are addressed, you will see the sp recover to over $1 on that alone.  This latest deal was a positive to keep the company going and now we wait for news on debt restructuring

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