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Mercator Minerals Ltd MLKKF

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

Bullboard Posts
Comment by Kurd30on Mar 17, 2013 2:24pm
216 Views
Post# 21142437

RE: RE: RE: All mining shares are in the doldrums

RE: RE: RE: All mining shares are in the doldrums

Cash rich companies will not die.  They will find ways to remain profitable.  Companies like ML are all but dead. Why would someone take over ML knowing that they have financial issues and are likely to default???  They can get the assets for much cheaper prices.

Bullboard Posts