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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 Aug 18, 2013 4:08pm
235 Views
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!
Bullboard Posts