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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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Comment by mapleleafon Oct 13, 2005 10:53pm
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Post# 9700505

RE: Moly Calculation.......

RE: Moly Calculation.......I'll start the calculation ... 650x400x300 = 72Million ft3 ~ 2Million m3 2Million x 0.10% = 2000 m3 MO2 assumption: 1m3 = 1 tonne = 1000 kg (if someone can find what 1m3 of MO2 weighs, you can substitute the conversion) therefore 2000 m3 MO2 = 2000 tonne = 2Million kg MO2 there are 2.2 lbs/kg so 2Million kg = 4.4Million lbs at $30/lbs this gives you $132Million Please correct me if I am wrong.
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