GREY:MLKKF - Post by User
Comment by
LongonZincon Aug 18, 2013 4:08pm
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Post# 21679510
RE:RE:RE:Might there be a take over of Mercator by Nevada Copper in the Making !!!
RE:RE:RE:Might there be a take over of Mercator by Nevada Copper in the Making !!!
DEH1,
Are you for real? Calling me a pumper of Mercator....Really? I have been posting here for over 4 years, been calling for the sp to approach zero since the stock was at $5. My last point was simple, if the price of moly moves upwards, which I believe it will based on the price to produce for the worlds largest consumer and producer, then the sp here will notbe 12-15 cents.
If the price of moly does not move up why in the world would Pala want to own ML, massive debt, hedge copper, forward sold silver...these are big liablities that no one wants unless you can operate the mine at a level that can service the debt and generate additional cash flow.
Back on ignore you go!