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Bullboard - Stock Discussion Forum 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... see more

GREY:MLKKF - Post Discussion

Mercator Minerals Ltd > Just checking in . Some movement is afoot.
View:
Post by risky on Jan 30, 2021 3:50pm

Just checking in . Some movement is afoot.

Anyone know why the stock doubled in the past few weeks ? Someon e knows something ssshhhhh.....I still have 20,000 shares of this and it only has to go to 2.50 for me to break even...wish me luck !
Comment by MoneyMike on Feb 04, 2021 12:18pm
Really wondering who's buying at all, and what the deal with the company is. I too have held shares for the past 8 years. Thought it was over but there has to be a reason someones been buying. Can't find any news at all, just seems strange no volume for over half a decade and now someone's purchasing shares at any price. Maybe we will somehow recoup what we lost on this one  
Comment by Elviswong1 on Feb 08, 2021 4:19pm
often a company buys an empty shell and reactivates it because it is less crowded and less expensive than making a new prospectus. interesting we will go where it goes
Comment by risky on Feb 11, 2021 8:37pm
Would my existing shares ( 20000 ) of them still have value in the new shell ? I have zero clue what is going on here, Thnanks 
Comment by MoneyMike on Feb 18, 2021 5:25pm
I'm with you, I have a fair amount but have no idea what's happening. I reached out to a friend who worked previously more in depth with the market, and he advised our shares could get diluted once they move into their new position. Although we don't know if they are being converted yet or what's happening. I have a sell point if it gets there to recoup something, but am not ...more  
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