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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 LongonZincon Apr 17, 2013 12:03pm
258 Views
Post# 21265652

RE: Buy???

RE: Buy???

I'm not buying ML, not now, still waiting for some positive indicator. Based on the operating results they just put out I don't see a big improvement coming for awhile.  IMO the market is now set up for a sell off.  If your holding this or other stocks I think it is good time to look at hedging if your not already.

Here is what I like right now:

SDOW

DUST (this may have already run its course, I've been following Peter Hugs commentary on gold, when it broke 1578 firmly he said short gold, DUST is great alternative to shorting gold).

To hedge physical silver, cash holdings, and large cap stocks.

Bullboard Posts