Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 jailtraderon May 24, 2013 4:47pm
112 Views
Post# 21438858

RE: RE: RE: RE: RE: .215

RE: RE: RE: RE: RE: .215

This is from the latest INK insider report, clearly most still have significant balances so I'm not sure what you're looking at. The last number in each line is the insiders current balance, but I get how you feel.

 

The second someone cashes out they secretly hope the share price will crash and there by prove themselves right, and it's also the reason they continue to visit forums like this once they've divested. Look, I took a small 50,000 share position at between .29 and 40 cents and I'm just not troubled by these ultra small volume, low share price days, it is not in my estimation a true reflection of the companies value.

 

In my opinion ML will either survive and likely be a 3 to 5X bagger, It will get bought out and carry a small enough premium that I get out un-scathed or it will go under and I'll take my loss and move on.

 

Oh and as far as shorting goes, if you wish to follow that very small trend you should truly man up and short ML as well, might be the opportunity to recoup some of your substantial loss if things turn as bad as you believe they will.

 

 

 

Transaction Shares/ Account

Date Insider Name Ownership Type Nature of Transaction Security Price ($) Units Change* Account Balance

Jan 4/13 Benner, Colin Keith Direct Ownership Compensation for services Units Deferred Share Units 0.540 92,593 > 100% 92,593

Jan 2/13 Bowles, John Henry Direct Ownership Rights granted Units Deferred Share Units 0.00 92,593 > 100% 92,593

Jan 2/13 Keane, Joseph Direct Ownership Rights granted Units Deferred Share Units 0.00 92,593 > 100% 92,593

Jan 2/13 Quin, Stephen Paul Direct Ownership Rights granted Units Deferred Share Units 0.00 92,593 > 100% 92,593

Jan 2/13 Quinn, Robert Joseph Direct Ownership Rights granted Units Deferred Share Units 0.00 92,593 > 100% 92,593

Jan 2/13 Tellechea Salido, Daniel Direct Ownership Rights granted Units Deferred Share Units 0.00 92,593 > 100% 92,593

Jan 2/13 Vankoughnett, Ronald Earl Direct Ownership Rights granted Units Deferred Share Units 0.00 92,593 > 100% 92,593

Oct 23/12 McLeod, Donald Bruce Direct Ownership Prospectus exempt buy Common Shares 0.520 100,000 14.2% 802,124

Oct 23/12 Quin, Stephen Paul Indirect Ownership Prospectus exempt buy Common Shares 0.520 40,000 66.7% 100,000

Oct 9/12 Iorich, Vladimir Indirect Ownership Private sale Common Shares 0.00 -46,000,000 -94.5% 2,662,214

Oct 9/12 Nevada Copper Corp. Direct Ownership Opening report Common Shares 0.00 46,000,000 n/a 46,000,000

Sep 27/12 McLeod, Donald Bruce Direct Ownership Option expiration Options 0.00 -22,819 -2.9% 772,950

Jul 20/12 Quin, Stephen Paul Indirect Ownership Public market buy Common Shares 0.590 40,000 > 100% 60,000

Jul 19/12 McLeod, Donald Bruce Direct Ownership Public market buy Common Shares 0.598 50,000 7.7% 702,124

Jul 4/12 Distler, Mark Direct Ownership Rights granted Units Restricted Share Units 0.00 40,678 > 100% 40,678

Jul 4/12 Distler, Mark Direct Ownership Options granted Options 0.590 100,000 22.2% 550,000

Jul 4/12 McLeod, Donald Bruce Direct Ownership Rights granted Units Restricted Share Units 0.00 254,238 > 100% 254,238

All data based on insider regulatory filings which are subject to input errors.

* Indicates percentage change of shares or units for the account in which the security is held. Many insiders have more than one account and the balance for each is calculated separately. See Holdings Summary for balances across all

ownership types as reported in SEDI.

See important

Bullboard Posts