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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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Post by Kurd30on May 16, 2013 2:31am
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Post# 21401622

Raymond James

Raymond James

After having inflated target prices for so long and watching the sp absolutely crumble, Raymond James has finally sounded the alarm bells and reduced their target price to 0.75 which is still highly inflated given rough financial position of this company.  More equity financing needs to come very soon or they have no choice but to file for BK in my opinion.  A buy out will not be more than 35 cents either.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities