MERCATOR MINERALS um Meinungen - 500 Beiträge pro Seite (Seite 2)

[neuflostein]

Antwort auf Beitrag Nr.: 36.975.156 von Videomart am 15.04.09 21:08:30

Die Spekulation im Rohstoffmarkt geht wieder los! Kupfer hat 70% vom Tief aus zugelegt. Weit mehr als jeder Aktienindex. Jetzt wird halt wieder long gegangen im Futuresmarkt...

Im Grunde gut für uns, sonst hätte ML ein Placement nicht für $1,15 platzieren können.

[Videomart]

Birpind124/15/2009 2:19:47 PM (stockhouse.ca)

Todays Results

I am not happy about the pp price but I am more confident in this company than ever.The $1.15 should now be a solid floor for ML.Copper is still moving up.For me the share dilution translates into securety.They don't have to worry about funds anymore and can move forward with phase 2.If you are a holder of this stock for the next 1-2 years ,everything is looking bright.If you were told this stock would be at $1.15 a month ago by April 15/09 everyone would be yahooing.But some of you are too emotional.Emotion has no place in stock trading.The trend is still up!

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=ML…

[Videomart]

APRIL 16, 2009, 7:43 A.M. ET
Mercator Minerals
Tgt Raised To C$1.60 From C$1.30 By RBC >ML.T
http://online.wsj.com/article/BT-CO-20090416-706517.html

[Videomart]

Moly miners take control of fundamentals
Thu, Apr 16, 2009

By Leia Michele Toovey- Exclusive to Moly Investing News

Molybdenum miners may dramatically slash output in an effort to coax a rebound in the price of the alloying metal, priming the industry for a rapid price ascent when stainless steel demand rebounds.

After maintaining its price point through the beginning months of the recession, the metal took a dive late in the third quarter of ‘08. Despite renewed economic conditions in the first quarter translating to a rebound for most of the metals, moly has yet to show any signs of an advance. This has prompted miners to curb the metals output. Last week, Erdene Resource Development Corp announced it would also aggressively curtail production

China’s molybdenum market remained quiet this week with slim trading at US $220-227 per mtu for concentrate, down $7.00 per mtu from last week. “Offers from most producers remained above US$227 per mtu, but some traders sold as low as US$220 per mtu,” said a producer in Luoyang city.
...

http://www.molyinvestingnews.com/909-moly-miners-take-contro…

[Videomart]

A 'Copper Standard' for the world's currency system?
Hard money enthusiasts have long watched for signs that China is switching its foreign reserves from US Treasury bonds into gold bullion. They may have been eyeing the wrong metal.

By Ambrose Evans-Pritchard
Last Updated: 2:41PM BST 16 Apr 2009

China's State Reserves Bureau (SRB) has instead been buying copper and other industrial metals over recent months on a scale that appears to go beyond the usual rebuilding of stocks for commercial reasons.

Nobu Su, head of Taiwan's TMT group, which ships commodities to China, said Beijing is trying to extricate itself from dollar dependency as fast as it can.

'Unhappy China' bestseller claims Beijing should 'lead the world'
The G20 moves the world a step closer to a global currency
China's growth more Occident than design
A world currency moves nearer after Tim Geithner's slip"China has woken up. The West is a black hole with all this money being printed. The Chinese are buying raw materials because it is a much better way to use their $1.9 trillion of reserves. They get ten times the impact, and can cover their infrastructure for 50 years."

"The next industrial revolution is going to be led by hybrid cars, and that needs copper. You can see the subtle way that China is moving into 30 or 40 countries with resources," he said.

The SRB has also been accumulating aluminium, zinc, nickel, and rarer metals such as titanium, indium (thin-film technology), rhodium (catalytic converters) and praseodymium (glass).

While it makes sense for China to take advantage of last year's commodity crash to restock cheaply, there is clearly more behind the move. "They are definitely buying metals to diversify out of US Treasuries and dollar holdings," said Jim Lennon, head of commodities at Macquarie Bank.

John Reade, metals chief at UBS, said Beijing may have a made strategic decision to stockpile metal as an alternative to foreign bonds. "We're very surprised by Chinese demand. They are buying much more copper than they will need this year. If this is strategic, there may be no effective limit on the purchases as China's pockets are deep."

Zhou Xiaochuan, the central bank governor, piqued the interest of metal buffs last month by calling for a world currency modelled on the "Bancor", floated by John Maynard Keynes at Bretton Woods in 1944.

The Bancor was to be anchored on 30 commodities - a broader base than the Gold Standard, which had caused so much grief in the 1930s. Mr Zhou said such a currency would prevent the sort of "credit-based" excess that has brought the global finance to its knees.

If his thoughts reflect Communist Party thinking, it would explain the bizarre moves in commodity markets over recent weeks. Copper prices have surged 49pc this year to $4,925 a tonne despite estimates by the CRU copper group that world demand will fall 15pc to 20pc this year as construction wilts.

Analysts say "short covering" by funds betting on price falls has played a role. But the jump is largely due to Chinese imports, which reached a record 329,000 tonnes in February, and a further 375,000 tonnes in March. Chinese industrial demand cannot explain this. China has been badly hit by global recession. Its exports - almost half GDP - fell 17pc in March.

While Beijing's fiscal stimulus package and credit expansion has helped lift demand, China faces a property downturn of its own. One government adviser warned this week that house prices could fall 50pc.

One thing is clear: Beijing suspects that the US Federal Reserve is engineering a covert default on America's debt by printing money. Premier Wen Jiabao issued a blunt warning last month that China was tiring of US bonds. "We have lent a huge amount of money to the US, so of course we are concerned about the safety of our assets," he said.

This is slightly disingenuous. China has the world's largest reserves - $1.95 trillion, mostly in dollars - because it has been holding down the yuan to boost exports. This mercantilist strategy has reached its limits.

The beauty of recycling China's surplus into metals instead of US bonds is that it kills so many birds with one stone: it stops the yuan rising, without provoking complaints of currency manipulation by Washington; metals are easily stored in warehouses, unlike oil; the holdings are likely to rise in value over time since the earth's crust is gradually depleting its accessible ores. Above all, such a policy safeguards China's industrial revolution, while the West may one day face a supply crisis.

Beijing may yet buy gold as well, although it has not done so yet. The gold share of reserves has fallen to 1pc, far below the historic norm in Asia. But if a metal-based currency ever emerges to end the reign of fiat paper, it is just as likely to be a "Copper Standard" as a "Gold Standard".

http://www.telegraph.co.uk/finance/comment/ambroseevans_prit…

[Videomart]

RPT-METALS INSIDER:
Is copper losing its 'bellwether' status?
Wednesday April 15, 2009 03:20:58 EDT
http://jp.quote.com/news/story.action?id=AEF9041500000000y2

[Videomart]

globeinvestor.com
Report on Business:
Mercator Minerals Ltd. | ML.WT.A-T
http://www.globeinvestor.com/servlet/Page/document/v5/data/s…

[Videomart]

"Do copper price rises raise hope for molybdenum?"

SÃO PAULO (Metal-Pages) 17-Apr-2009

The molybdenum sector is waiting to see whether an upturn in copper prices will be translated into increased demand for its by-products.
Cochilco, the Chilean government advisory commission said copper prices have risen 5.8% in the past week versus last Friday to $ 2.14/lb. Although in line with analysts expectation it revealed a significant increase in the level of imports of 14% over the previous month reaching a record 374900 for cathodes, anodes, copper alloys and related products.
The Chinese government has committed $ 585 billion to a stimulus package aimed at boosting the country’s economy the effects of which are expected to kick in at some stage. Molybdenum trioxide has slipped to $ 7.80-8/lb recently but if as one trader suggested Chinese buyers keep up current levels of activity, prices could shortly move up to $ 8.50/lb.
Molybdenum prices could rise above $ 20/lb in 2011, should there be a pickup in demand, according to analysts at New York-based CPM Group.

www.metal-pages.com/news/story/38987

[Videomart]

Switch from base metals to precious metals
Posted: April 16, 2009, 12:00 PM by Peter Koven

In a dramatic shift from the fall, the base metals have greatly outperformed the precious metals in recent weeks. Copper in particular is up more than 50% from the bottom. But can it really last? Genuity Capital Markets analysts Tony Lesiak, Nawojka Wachowiak and Michael Gray don't think so.

"We believe a sustained upward momentum is base metals is unlikely to persist until there is tangible evidence of a global synchronized recovery, and believe that investors should take some profits in the current rally," they wrote in a note to clients.

Their outlook for gold is a bit better, as they point out that U.S. dollar weakness, safe-haven buying and negative real interest rates all bode well for bullion.

All the same, they have reduced their targets on gold companies and increased them for base metal companies based on the recent shift in prices.

Their gold stock price targets were cut by an average of 9%, but they are still projecting an average return of 32% for the companies under their coverage. Based on valuation, they also downgraded Alamos Gold Inc.to "hold" (from "buy") and raised Golden Star Resources Ltd. to "buy" (from "hold").

On the base metal side, target prices were raised by an average of 14%. However, Lundin Mining Corp. was downgraded to "hold" (from "buy") because of its recent jump. The only base metal company rated a "buy" is Capstone Mining Corp.

Peter Koven

http://network.nationalpost.com/np/blogs/tradingdesk/archive…

[Videomart]

Chinese buying to aid copper demand: Freeport

By: AFX | 22 Apr 2009 | 04:17 PM ET
By Carole Vaporean

NEW YORK, April 22 (Reuters) - Freeport-McMoRan Copper & Gold Inc sees Chinese purchases of copper continuing to support the industrial metal for the long term, even though its buying practices could cause price volatility in the near term. "We think a lot of the activity in China is sustainable. Their (copper) buying practices will create volatility in the near term, but underlying that is economic growth and infrastructure development that requires real consumption of copper," Chief Executive Officer Richard Adkerson told analysts on a conference call on Wednesday. Despite the dampening effect global recession has had on China's export business, the chief of the largest publicly traded copper producer said copper demand was inherent in Chinese development of its standard of living. "We have a long-term view that's positive on China continuing to invest in infrastructure. They're building facilities -- housing, transportation, railroads, power facilities -- that consume copper," he said. He attributed copper's rise from $1.40 per lb at the start of 2009 to current levels above $2.00 a lb to China. "As we go forward, given market conditions elsewhere around the world, the copper price in the short term is going to be driven by China," the executive told analysts. Earlier on Wednesday, the Phoenix, Arizona-based mining company reported first-quarter profit slumped sharply and revenue dropped by more than half as the global economic downturn weakened metal demand and prices. Looking ahead, Adkerson said Freeport still expects 2009 consolidated sales of 3.9 billion lbs of copper, 2.3 million ounces of gold and 50 million lbs of molybdenum. By 2010, it projects a decline in copper sales to 3.8 billion lbs and in gold sales to 2.1 million ounces, but a rise in molybdenum to 60 million lbs. The CEO warned of risks to the upside, referring to price moves in 2003 when global recession drove copper down to about 75 cents a lb but subsequent economic recovery doubled prices by the end of 2004 as a a case study for what the copper industry will face as China and the developed world gear up. "We continue to be very positive about being in the copper and molybdenum business, even though prices are weak." Adkerson pointed out that historically low exchange and consumer inventories around the world and supply issues unrelated to price -- low ore grades at aging mines, equipment shortages and challenges of operating in politically unstable regions -- should support prices. "As developing world economies begin to recover and as China and the undeveloped world builds infrastructure, the world is going to have strong demand for copper and the industry will be challenged to meet that demand," he said. When demand does pick up, he said, it can take as long as two years between the time when Freeport decides to restart operations and output reaches previous levels. "If we were to make the decision in the second half of '09, it would take a couple of years. The longer it goes the more that lag time gets extended," he said. On the other hand, Freeport could expand operations elsewhere if necessary to make up for curtailed supply. "Lag time will be limited to Morenci, Safford operations (in the U.S.), and other operations we could use to cushion volumes quickly both for copper and molybdenum," he said. Molybendum operations could be restarted more quickly. Freeport trimmed molybdenum output at its Henderson mine in the U.S. to 40 percent and cut byproduct output at copper mines. Molybdenum prices are off last year's levels by two-thirds, hit by a steep declines in steel and chemical industry demand. Though Freeport has historically not shipped molybdenum into the Chinese market, Adkerson said it had received "recent inquiries about it," but could not comment further. "We're working our plans off of what we see from our traditional customers (in the U.S. and Europe), and if this gives us some new opportunities we're in a position to act very quickly on it," the executive added. (Additional reporting by Steve James; Editing by Christian Wiessner)

http://www.cnbc.com/id/30352665

[Martin12345]

Das Volumen wird weniger. Ich hoffe es sind nicht schon alle investiert.
Der Kursverlauf ist heute eigenartig. Irgendwer versucht die Aktie zurückzuhalten. Bid Ask steht andauernd auf 1,24.

Grüße
Martin

[Videomart]

Antwort auf Beitrag Nr.: 37.036.335 von Martin12345 am 24.04.09 16:29:19

Molybdenum Oxide Prices:

Ryan's Notes Average: US$8.05/lb
As of April 24, 2009
Veränderung: +0,2 (+2,55%)
http://www.thompsoncreekmetals.com/s/Home.asp

MBMOEUOX:IND Mo Drummed Molydbic Oxide EU
Updated: London, Apr 24 21:23
Value: 8.25USD
Change: 0.150
% Change: 1.852
http://www.bloomberg.com/apps/quote?ticker=MBMOEUOX%3AIND

[Videomart]

METALS-Copper ends firm as dollar dives, outlook volatile
Fri Apr 24, 2009 3:41pm EDT

* Copper volatility to persist in coming week

* Large rises in aluminum, lead inventories

* Economic downturn still hitting demand outlook

(Recasts, updates with New York closing copper prices, adds NEW YORK to dateline and analyst comments)

By Chris Kelly and Michael Taylor

NEW YORK/LONDON, April 24 (Reuters) - A depressed dollar, stronger tone in equities and reassuring economic data from Germany and the United States enabled copper to stage a recovery rally on Friday, but lingering concerns about economic prospects are expected to keep price volatility at a high.

"The market had corrected about 25.00 cents, and it was due for a little bounce," said Bill O'Neill, partner of LOGIC Advisors in Upper Saddle River, New Jersey.

Copper for July delivery HGN9 on the New York Mercantile Exchange's COMEX division recovered from near three-week low overnight to close up 5.90 cents, or nearly 3 percent, at $2.05 a lb.

Last week, the benchmark COMEX contract surged to a six-month peak just below $2.25 a lb -- a gain of about 60 percent since the start of the year.

On the London Metal Exchange (LME), copper for three-month delivery MCU3 closed up $128 at $4,470 a tonne, after sinking earlier to a session low of $4,270.

London copper has climbed about 40 percent this year, as a recent rise in canceled warrants -- material earmarked for delivery -- helped buoy sentiment.

But there is now talk the stock drawdowns could be ending.

"We could be testing the $4,000 level on the perception that perhaps there'll be less buying coming out of China, especially from the government's SRB," said Robin Bhar, an analyst at Calyon.

On Thursday, canceled warrants stood at 65,800 tonnes from 69,175 tonnes the day before. With copper LME stocks falling 10,925 tonnes to 429,550 tonnes, canceled warrants represent 16 percent of total LME inventories.

"On the bullish side, strong Chinese import data ... but on the bearish side, global macro sentiment has turned down a little bit. The result is that prices are confused for direction," said Gayle Berry, an analyst at Barclays Capital.

A jump in German corporate sentiment in April to its best level in five months kept pressure on the dollar for the fourth straight session versus the euro <EUR=>, making dollar-priced metals more attractive for non-U.S. investors.

U.S. economic reports gave an additional boost to sentiment, with March durable goods orders slipping by a less-than-expected 0.8 percent and inventories of new homes for sale at the end of March plummet at a record pace.

Despite the upbeat figures, the overall economic mood remained dire.

"While some semblance of slight improvements here and there, all of the data in the U.S. and also in Europe, and certainly in Japan is still recessionary," LOGIC Advisors' O'Neill said.

Indeed, Japan's output of rolled copper products fell a record 60 percent from a year earlier in March. [ID:nT301196]

...

http://www.reuters.com/article/fundsFundsNews/idUSLO41876920…

[Videomart]

MINOR METAL FOCUS
Molybdenum oxide offers up to high of $8.80, Chinese demand returns
By Hongmei Li - Senior Correspondent, Asia, [e-mail]


Singapore, 24 April 2009 - Molybdenum oxide (MO3) offers have risen to $8.3-8.8 per lb cost and freight (cfr) into the Chinese market over the week from around $7.7-8 per lb as Chinese demand returns after a quiet month.

"China’s ferro-molybdenum prices have been on the rise recently, which has encouraged the demand for the raw material, hence the price," a MO3 trader in Beijing said.

Spot MO3 is offered at $8.8 per lb cfr China in the global market, and $8.6 per lb for cargoes on the water, according to her - other participants reported hearing offers at $8.3 per lb for new shipments.

Ferro-molybdenum is selling at 94,000-95,000 yuan ($13,784 - 13,931) per tonne inside China, up from 80,000-90,000 yuan per tonne a month ago, but Chinese producers will have to use imported oxide for production to be slightly profitable.

China’s molybdenum concentrate is offered at $1,500-1,550 yuan per metric tonne unit (mtu), which will translate into 109,000 yuan per tonne of ferro-molybdenum, according to Chinese producers, which is unaffordable.

And demand may grow further as more Chinese producers are considering resuming or increasing production, due to steady domestic prices.

A number of Chinese ferro-molybdenum producers have halted or cut production since last November, due to sliding prices.

"If the market continues to sustain for the next few weeks, we may want to resume our production," a ferro-molybdenum producer in northeast China’s Liaoning province said.

China’s ferro-molybdenum exports have been almost at a standstill since the beginning of the year, as up to April, few licensed exporters have made any use of their export quotas because of low global demand and prices.

"Last year, we had been trying our best to use up the quota, despite the market downward development in the fourth quarter, for fear that our quota may be cut for this year. Now, our only concern is survival than worrying about the quota - there is no overseas market to speak of anyway," the producer in Liaoning said.

China issued quotas for 255,000 tonnes of molybdenum export in pure metal for this year, 800 tonnes less than 2008, but it seems that the actual export volume for 2009 may be far below the quota volume.


http://www.minormetals.com/news/editorial.aspx?GUID=64090424…

[Videomart]

Die große Kupfer-Party scheint vorerst vorbei zu sein...

[Martin12345]

Antwort auf Beitrag Nr.: 37.049.293 von Videomart am 27.04.09 20:03:12

Ich schau nicht mehr auf den Kupferchart. Alles richtet sich nur nach dem Dow und der scheint jedesmal Flügel zu kriegen, wenn es unter 8000 geht. Ich bin mir fast sicher, dass das Plunge Protection Team derzeit wieder die Märkte stützt.

Grüße
Martin

[Videomart]

Antwort auf Beitrag Nr.: 37.049.907 von Martin12345 am 27.04.09 21:37:48

Es ist absolut unklar, wohin der Weg kurzfristig gehen wird, sowohl bezogen auf Kupfer, wie auch auf den Gesamtmarkt.
Bezüglich der Stabilität des Kupferpreises ist der Verlauf sehr abhängig davon, ob China weiterhin konstant große Mengen an Kupfer importiert, denn die Nachfrage der restlichen Welt ist immer noch erschreckend schwach.
Was den Gesamtmarkt angeht, so bin ich eher skeptisch.
Einer der Gründe dafür ist das Insiderverhalten der letzten Wochen:
http://groups.google.com/group/misc.invest.stocks/browse_thr…

Wäre schön, wenn hier mal über verschiedene Ansichten diskutiert würde...

[[KERN]Codex]

china hat nur seine lager voll gemacht, ich denke die notierungen für industriemetalle werden erst stark weiter steigen wenn es einen wirklichen bedarf gibt.

[Videomart]

Antwort auf Beitrag Nr.: 37.050.271 von [KERN]Codex am 27.04.09 22:36:11

So sehe ich das leider auch.
Wie groß ist für Dich das Abwärtspotenzial beim Kupferpreis?

[Videomart]

Copper Falls to 2-Week Low as Flu May Slow Economic Recovery

By Millie Munshi

April 27 (Bloomberg) -- Copper fell, touching a two-week low, on concern that the spread of swine flu will hurt efforts to revive the economy, limiting demand for industrial metals.

The U.S. government declared a public health emergency after reports of more than 100 flu deaths in Mexico and dozens of confirmed cases in New York, Texas, Ohio and California. The Reuters/Jefferies CRB Index of 19 commodities sank as much as 1.7 percent on global growth concerns. Copper dropped 49 percent in the past year as the global recession curbed consumption.

Prices for the metal fell as traders were “getting more worried about the global economy and pulling their money out,” said Michael K. Smith, the president of T&K Futures & Options in Port. St. Lucie, Florida. “I expect further pullbacks.”

Copper futures for July delivery dropped 6.45 cents, or 3.1 percent, to $1.9855 a pound on the New York Mercantile Exchange’s Comex division. Earlier, the price touched $1.9505, the lowest for a most-active contract since April 8.

Swine flu, a respiratory disease of pigs, has spread to Canada, Spain, the U.K. and five states in the U.S., including at least 28 cases in New York City. Suspected cases also have been identified elsewhere in Europe and in New Zealand.

Copper dropped “as concerns over the potential impact from the swine-flu outbreak on the state of the global economy took center stage,” analysts at Barclays Capital in London said today in a report. Concern that the flu outbreak may affect travel help send shares of airlines and hotel chains lower.

Linger Recession

Renewed speculation that the recession may linger are denting this year’s copper rally as “people try to reassess what they think will happen,” T&K’s Smith said.

Copper still has surged 41 percent this year on speculation that government spending would stem one of the longest recessions since World War II.

“It’s a little crazy that everything has been falling on swine flu, but when people get worried about the state of things, they look for any excuse to sell,” Smith said.

The metal also dropped as a stronger dollar curbed demand for commodities as a hedge against inflation. The U.S. Dollar Index, a six-currency gauge, jumped as much as 1.3 percent, halting four days of declines, as investors sought the safety of the greenback amid reports on the spread of swine flu.

On the London Metal Exchange, copper for delivery in three months slid $125 or 2.8 percent, to $4,345 a ton ($1.97 a pound). The price reached a record $8,940 on July 2.


http://www.bloomberg.com/apps/news?pid=20601012&sid=aG1REkO.…

[Videomart]

Bay Street Stocks Drop Sharply Away From Five-Month High - Canadian Commentary

27 April 2009 @ 04:34 pm EST

Toronto stocks dropped sharply on Monday, slipping away from the five-month high from the previous session. Worries over the swine flu raised fears of a slower global economic recovery.

The S&P/TSX Composite Index fell 154.68 points or 1.61% to move at 9,394.80. The decline was the first in five days for Canada's main index.

Energy stocks dropped 2.4% to lead the decliners. Nexen (NXY.TO) lost 4.3% after the stock was downgraded to Neutral to Buy at Dundee Securities. Canadian Oil Sands (COS.UN.TO) fell 3.3%, Encana (ECA.TO) dropped 2.5% and Canadian Natural Resources (CNQ.TO) fell 2.3%.

Light sweet crude for June delivery dropped to $50.14, down $1.41 on the session. Prices hit as low as $48.01 earlier in the morning.

Industrials are also down about 2.1%. Canadian National Railway (CNR.TO) dropped 2.6% and rival Canadian Pacific Railway (CP.TO) dropped 2.5% to lead the sector lower.

The Financial Index fell 2%. Scotiabank (BNS.TO) dropped 3.1%, Toronto-Dominion (TD.TO) fell 2.1% and CIBC (CM.TO) lost 1.8%.

In other corporate news, Thompson Creek Metals surged 10% after the stock was initiated at Overweight by JPMorgan Chase.

HudBay Minerals (HBM.TO) jumped 8.2% amid a report in the Globe and Mail that Indian mining company Lakomasko has purchased about 10% of the struggling Canadian zinc and copper producer.

Tundra Semiconductor (TUN.TO) soared 14.7% after the announcement it has received an all-cash buyout offer from Integrated Device Technology at a price of C$6.25 per share or about C$120.8 million.

Meanwhile, troubled automaker General Motors Corp. (GM) said Monday that it will cut 21,000 U.S. hourly jobs and reduce its U.S. dealer count by 42% by the end of 2010 under a revised viability plan meant to accelerate and deepen the restructuring of its U.S. operations, as the company races to stave off bankruptcy.

The number of confirmed swine flu cases in the U.S. reached 40, although the reported cases still remain relatively mild and do not appear to be life-threatening. The Center for Disease Control addressed the situation Monday in a press conference, urging Americans to postpone unnecessary travel plans to Mexico.


http://www.ibtimes.com/articles/20090427/bay-street-stocks-d…

[Martin12345]

Antwort auf Beitrag Nr.: 37.049.907 von Martin12345 am 27.04.09 21:37:48

Wie schon gesagt, Alles hängt am Dow. Alle Anzeichen standen heute auf rot.
Aber was passiert? Der Dow eröffnet läuft rauf und alles zieht wieder mit. Außer die Edelmetalle, die müssen natürlich runter.

Mercator hält sich weiterhin gut, wobei ich davon ausgehe, dass man dafür sorgt, dass der Kurs nicht weiter nachgibt. Vermutlich bringen sie sonst die Kapitalerhöhung nicht durch.

Alles natürlich Spekulation.

Grüße
Martin

[Videomart]

Antwort auf Beitrag Nr.: 37.055.125 von Martin12345 am 28.04.09 17:01:45

Der Kupferpreis geht (wie erwartet) baden.
Die relative Stärke Mercators ist erstaunlich; vielleicht hängt sie unter anderem mit der aktuellen Molybdän-Euphorie zusammen, denn der Moly-Preis scheint das Tief hinter sich zu haben.
TCM als Flaggschiff läuft zur Zeit bärenstark...

[Videomart]

Shanghai Metals Index
Index Cu

[Videomart]

Antwort auf Beitrag Nr.: 37.057.562 von Videomart am 28.04.09 21:24:13

Molybdenum Oxide Prices
Ryan's Notes Average: US$8.35/lb
As of April 28, 2009
www.bluepearl.ca

[Videomart]

MBMOEUOX:IND Mo Drummed Molydbic Oxide EU
Updated: London, Apr 29 19:01

Value: 8.50 US$
Change: +0.250, +3.030%

http://www.bloomberg.com/apps/quote?ticker=MBMOEUOX%3AIND

[Videomart]

Chinese demand driving up molybdenum prices
29 Apr 2009
European molybdenum prices are continuing their recent revival, led by Chinese demand, traders say. Molybdenum trioxide is now trading at $8.80-9.40/lb, after one trader reported selling 40 tonnes at the upper end of the price range on Tuesday.
...
www.metal-pages.com/news/story/39201/

Chinese FeMo prices continue rising on tight supply, stronger oxide
29 Apr 2009
Chinese ferro-molybdenum prices are continuing their recent rally, on tight supply and rapidly rising prices for imported molybdic oxide. Chinese sources reported that oxide offers made by western suppliers have been increased to either side of $ 9/lb CIF.
...
www.metal-pages.com/news/story/39211/

[Videomart]

(AMM) Moly unlikely to rebound soon
NEW YORK 30 April 2009 20:46

Prices for molybdenum are not likely to rebound significantly either this year or next, according to mining analysts.

Anthony Young, analyst at investment bank Dahlman Rose & Co. LLC, reduced his forecast for molybdenum prices to $10 a pound this year from a previous prediction of $12, and lowered his estimate for next year to $12 a pound from $15. Meanwhile, JPMorgan Chase & Co. analyst Michael F. Gambardella said molybdenum prices likely would average $8.17 a pound this year and $11.50 a pound in 2010.

While Young said molybdenum would enjoy healthy demand over the long run, in the meantime inventories are rising due to the sharp drop in steel production, putting a cap on how high molybdenum prices can trend.

U.S. steel mills ran at an average capability utilization rate of 41.2 percent last...


http://www.metalbulletin.com/Article/2191890/NonFerrous/AMM-…

[Martin12345]

Mir geht es einfach zu schnell und deswegen bin ich jetzt raus.
Ob es die richtige Entscheidung war wird sich zeigen.

Jedenfalls war der Ritt mit Mercator phänomenal.

Grüße
Martin

[hbg55]

Antwort auf Beitrag Nr.: 37.091.534 von Martin12345 am 04.05.09 17:28:40

...DAS ist schon OK, martin......nach nem VERVIERFACHER in 6 wochen





RT...cad 2,02

[Sharedealer]

Antwort auf Beitrag Nr.: 37.091.534 von Martin12345 am 04.05.09 17:28:40

Du hast recht, wird sicher ne Konso geben nach dem Lauf. Aber
ich will meine steuerfrei im November verkaufen. Und da die Gefahr
einer Pleite jetzt nicht mehr gross ist, sehe ich das ganz gelassen.

[Videomart]

aus:
"Casey's Daily Resource Plus - May 02, 2009"

Base Metals

The base metals were all flashing green on Friday. Copper moved higher in the pre-dawn hours, went flat until late morning, then shot up again to finish barely off its intraday highs at $2.0954/lb., up 7¼ cents. Nickel crashed from the late pre-dawn hours to late morning, but then moved up sharply to regain positive territory and close at $5.3093/lb., up 5½ cents. Zinc was up steadily all day, ending at $0.6705/lb., up 4½ cents. Aluminum had a good day, adding a penny and a third, to $0.6762/lb., while lead was strong as well, tacking on just under 3 cents, to $0.6271/lb.

Copper led the industrial metals higher, prolonging its recent strong run to a 2-week high as the somewhat upbeat economic numbers combined with continually dwindling supplies to give the metal a shot in the arm.

Inventories monitored by the LME were off sharply again yesterday, falling by 7,075 metric tons, to drop below the 400,000 mark for the first time since January 21 and end at 398,700 tons. Since late February, stocks have shed some 140,000 tons, about 25%.

In addition, inventories held in Singapore and South Korea were the lowest since 2005, showing that “Chinese buying has been particularly strong this first quarter,” said Leon Westgate, of Standard Bank Group in London.

“To me, it all suggests that the stars are starting to align for a global recovery,” said Bart Melek, of BMO Nesbitt Burns in Toronto. “We certainly look like we are bottoming,” he added, projecting the U.S. economy to experience positive growth by as early as the third quarter.

Jesper Dannesboe, senior commodities strategist Société Générale, noted particularly that, “The ISM data that came out was much better than expected, especially the new orders component, strongest since August 2008 … The manufacturing data gave the market a real boost in the afternoon.”

Amid the euphoria, a damp towel was thrown by Daniel Brebner, head of commodity research at UBS AG in London, who said that, “China has been the only buyer really in the copper market.”

Brebner predicted that, “You are going to see less demand from China in the second quarter,” and said that copper is likely to fall 20% over the next three to four months.


http://www.gold-speculator.com/casey-research/6540-caseys-da…

[neuflostein]

Antwort auf Beitrag Nr.: 37.099.742 von Videomart am 05.05.09 16:00:51

Hört sich alles nicht so schlecht an. Bleibt abzuwarten, wie sich über den Sommer der Kupfer (und Moly!!) Preis entwickelt. Ich teile die Bedenken des UBS Rohstofftraders...

[neuflostein]

Ich habe mich dennoch gestern von der Hälfte meiner ML Aktien mit ordentlichem Gewinn verabschiedet.

Es gibt noch 40 Millionen Shares, die zu 70 cent vor kurzem gezeichnet wurden. Ich kann mir vorstellen, dass die an diesem bought deal teilhabenden jetzt massiv schmeissen, sind immerhin 200% im Plus. Es gab ja auch noch Warrants dazu...

[the_artlove]

Antwort auf Beitrag Nr.: 37.104.888 von neuflostein am 06.05.09 09:09:53

Ich denke ML wird sich eher wie ein Optionsschein auf den Cu-Preis entwickeln. Die KapErh dieses Jahres sollten keinen grossen Ausschlag geben, da die Aktie sowieso hohes Volumen zeigt (zudem glaube ich, dass die Aktien auch einer Haltefrist unterliegen). Aber sicher wird es dort zu verkäufen kommen-inwiefern diese allerdings den Kurs bewegen ist eine andere Frage.
Sollte der Cu-Preis weiter Richtung 2.5 USD/t sich bewegen und eventl. der Md Preis auch mal wieder von seinen tiefs steigen, so glaube ich in Bälde 3-4 C$ sind reell. Auf der anderen Seite gilt gleiches nach unten.
Je länger sich allerdings ein hoher Cu Preis hält, desto mehr Cash kann ML anhäufen, so dass in Zukunft die Kreditprobleme nicht mehr drängend sind, und das Unternehmen nach vorne sehen kann.

[neuflostein]

Antwort auf Beitrag Nr.: 37.107.925 von the_artlove am 06.05.09 13:56:39

Sehe ich im Grunde ähnlich, habe mich deshalb auch nur von der Hälfte meiner Aktien getrennt. Bei anhaltend hohen CU und Molypreisen sehe ich auch $3-4, mit übertreibung auch $5. In der absoluten Euphoriephase hat es ML bis $12 geschafft, jetzt mit doppelt so vielen Aktien ist so ein Preis natürlich nicht mehr drin.

Ich habe mich damals leider nicht von meiner (eher kleinen) Position getrennt, habe sie wie ein Volltrottel den ganzen Weg nach unten gehalten. Habe dann bei 25cent (Euro) massiv verbilligt und habe mit dem Verkauf jetzt meine ganze Kohle von damals und die Nachkaufsumme wieder drin. Die andere Hälfte war jetzt quasi gratis und wird gehalten, hoffentlich bis $5 oder so....

[the_artlove]

Antwort auf Beitrag Nr.: 37.108.885 von neuflostein am 06.05.09 15:11:58

Ja, ich hatte damals bei 9C$ die hälfte verkauft und harre nun der dinge die da kommen.
hatte eigentlich schon fast befürchtet ML geht bankrott oder wird für wenig Geld übernommen. Aber diese Befürchtungen sind nun GottSeiDank passe.
ich kann nur allen mutigen gratulieren, die bei .25 im winter gekauft haben. da ist jeder euro verdient. hatte leider nicht den mut.

[Videomart]

Antwort auf Beitrag Nr.: 37.108.885 von neuflostein am 06.05.09 15:11:58

Bei anhaltend hohen CU und Molypreisen

Ich denke, beim Molybdän müssen sie bis zu einem Verkaufspreis von mindestens 10US$/lb noch aus der Kupferkasse "zubuttern"...

[the_artlove]

Antwort auf Beitrag Nr.: 37.109.145 von Videomart am 06.05.09 15:28:33

Naja, bei Md preis akt. bei knapp 9.50 dürfte es fast break even sein. der lichtblick hier ist, dass der Preis seit einiger Zeit steigt.

Solange man pos. cash flow hat und geld verdient ist das ja ok...

da in Q1/09 die mine hochgefahren wurde ist sicher das Q1 Ergebnis nicht sehr aussagekräftig. Q2 wird sicher interessant, da kann man dann sicher sehen, wie es wirklich aussieht mit den kosten und einige abschätzungen für die zukunft treffen. bisher hat sich ml recht optimistisch geäussert - war aber wohl auch notwendig um die kapErh. zu finanzieren.

[neuflostein]

Sieht so aus, als hätte ich zu früh verkauft, das Baby steigt weiter. Zum Glück nur die Hälfte...

[Martin12345]

Antwort auf Beitrag Nr.: 37.109.493 von neuflostein am 06.05.09 15:52:37

Es gibt noch eine Menge Kupferplays die noch nicht wiederentdeckt wurden. Ich hab das Kapital von Mercator in Copper Mountain Mining umgeschichtet. Meiner Meinung nach auch sehr aussichtsreich und weniger überhitzt.

Grüße
Martin

[Extrabreit]

Antwort auf Beitrag Nr.: 37.109.493 von neuflostein am 06.05.09 15:52:37

bin heute auch mit der Hälfte raus. der Rest bleibt drin. ich halte 4 CAD für dieses jahr durchaus im Bereich des Möglichen.

[Videomart]

What's Moving the Market
Platts, Updated: May 7, 2009
http://www.kitco.com/reports/platts_may072009.pdf

[Videomart]

Copper
Gianni Kovacevic: Copper Supply and Demand - New Rule Book Still Being Written
The Gold Report 28 April 2009 @ 05:03 pm EST

What's driving copper to its recent high of $2.20 a pound? If demand is down, how is it possible that the price of copper went up 40% to 50% within the last three months alone? "We're playing by a different set of rules now," says Gianni Kovacevic, corporate development strategist at Global Opportunities AG. In this exclusive interview with The GOLD Report , Gianni discusses the changing face of copper and the new rule book being written or it.
...

http://www.ibtimes.com/articles/20090428/gianni-kovacevic-co…

[Videomart]

aus:

"Casey's Daily Resource", May 09, 2009

Base Metals

The base metals were little changed on Friday. Copper had a schizo day, rising from the pre-dawn hours to mid-morning, but then falling off precipitously, and finally rallying back a bit to finish at $2.1284/lb., up a penny and a half. Nickel pushed higher through to the late morning, then it too was off sharply to close at $5.8559/lb., up a penny and a third. Zinc had a whole series of big ups and downs but the last bump was up, bringing it to $0.7025/lb., up three-quarters of a cent. Aluminum was weak, shedding a half-cent, to $0.6835/lb., while lead dropped a quarter-cent, to $0.6504/lb.

Copper led the industrial metals through a very indecisive day, with sharp swings to little ultimate effect as traders tried to keep hold of some optimism in the face of economic numbers that continue to be dismal.

“We’ve seen some better reports, but the economy is still weak and we’re not seeing the pick-up in industrial production that will spur the buying of copper,” said Gijsbert Groenewegen, of Gold Arrow Capital Management in New York. “It’s time to take some money off the table.”

Also sounding a less than optimistic note was RBS Global Banking & Markets in London, which wrote that it foresees copper output exceeding consumption for a second straight year in 2009 as the global recession curbs demand.

RBS said that “a correction is quite possible over the summer months as Chinese buying eases off … [however], We expect copper and other metal prices to rise further later in 2009 and through 2010.”

On the supply front, though, copper stocks continued to fall. Inventories monitored by the LME declined by 4,900 metric tons, to 389,000 tons, the lowest level since mid-January.

Meanwhile, on the other side of the world, inventories monitored by the Shanghai Futures Exchange rose 45%, to 27,690 metric tons, from 19,064 tons a week earlier.

http://caseyresearch.com/displayDrp.php

[Videomart]

METALS STOCKS
Copper falls on worries over China demand; gold dips
By Moming Zhou, MarketWatch
Last update: 9:53 a.m. EDT May 11, 2009

(MarketWatch) -- Copper futures fell more than 3% Monday, pacing losses in crude oil and stocks, as worries returned that demand from China, the world's biggest copper consumer, may slow. Gold moved slightly lower.
...
http://www.marketwatch.com/news/story/Copper-falls-economic-…

[Videomart]

Mercator tops analysts Thompson Creek takeover tips
Tuesday 12 May 2009
Mercator Minerals executives are staying tight-lipped, after analysts tipped the company as a likely takeover candidate for Thompson Creek, which last week said it will step up its search, as prospects for the molybdenum market improve.
...
www.metal-pages.com/news/story/39460/

[Videomart]

Friday, May 15, 2009
Mercator Minerals copper and molybdenum production ramping up

First quarter results from Mercator Minerals (TSX: ML) reflected a company in transition. The copper-molybdenum producer has been busy with the task of expanding its mill operations to 25,000 tonnes per day at the Mineral Park Mine in Nevada.

Mercator is constructing a 50,000 ton per day copper and molybdenum milling operation mill facility in a two-stage expansion at Mineral Park. Average annual copper and molybdenum production over the first ten years of a 25-year mine life is expected to increase to 56.4 million pounds of copper, 10.3 million pounds of molybdenum and 600,000 ounces of silver per year. The Mineral Park Mine is an open pit copper-molybdenum mine located in north-western Arizona, approximately 74 miles southeast of Las Vegas, Nevada.

For the first quarter of 2009, during the commissioning of the first stage of the mill expansion, the Company recorded Cathode Copper production of 1.175 million pounds, compared to the 2.47 million pounds for the quarter ended March 31, 2008, and the first production of 2.3 million pounds of copper in concentrates, 94,094 pounds of molybdenum and 12,240 ounces of silver.

Revenues from copper, molybdenum and silver sales and landscaping materials for the first quarter were $6.34 million (Q1 2008: $7.74 million). The net loss was $10.65 million (Q1 2008: net loss $1.09 million).

"The first quarter of 2009 marked a significant change in the Company's production status, with the shipment of the first concentrates from the newly constructed mill at our Mineral Park Mine in Arizona," said Michael L. Surratt, President and CEO. "We continue to ramp up production levels and continued to exceeding design throughput. We expect the second quarter of 2009 to be an outstanding one for the Mineral Park Mine and for Mercator. In April, production at Mineral Park comprised 412,579 pounds of cathode copper, 3,399,988 pounds of copper in concentrates, 166,684 pounds of molybdenum in concentrate and 27,658 ounces of silver in concentrate.”

http://www.proactiveinvestors.com/companies/news/1501/mercat…

[Videomart]

Copper Base Signals Rise, StanChart Says: Technical Analysis

By Glenys Sim

May 15 (Bloomberg) -- Copper may rise to levels not seen since October in the month ahead, as the metal forms a U-shaped base, Standard Chartered Bank said, citing trading patterns.

The 50-week momentum indicator continues to turn higher and supports a rising copper market, as does the sustained push above the 13-week moving average, London-based David Barclay, the bank’s commodity strategist, wrote in a report yesterday. The 14-day stochastic indicator and MACD lines are also signaling a “buy,” he said.

Copper for delivery in three months on the London Metal Exchange has jumped 45 percent this year, and traded at $4,460 at 8:31 a.m. Singapore time.

“Copper prices are still struggling to clear resistance at $4,925 a ton, but a climb to $5,156 a ton remains favored over the coming month,” wrote Barclay. This is a 38.2 percent retracement of the fall from the 2008 high, he said, based on a series of numbers known as the Fibonacci sequence. After this, copper may target the 50 percent retracement objective of $5,878 a ton, he added.

Fibonacci analysis is based on the theory that prices rise or fall by certain percentages after reaching a high or low. A break of a so-called ‘level of resistance’ indicates a price may move to the next level, while a failure indicates a trend may stall. Sell orders may be clustered at resistance levels.

A long term pullback to the 50-week moving average of $5,247.31 a ton is still expected on this bull cycle, said Barclay. Holding above support at $4,158 a ton is now “critical” to avoid a slump to the March 30 low of $3,886.25 a ton and lower, he added.

“Resistance to watch above $4,925 a ton is placed at $5,615 a ton, the 14 October 2008 high,” wrote Barclay. “Pressure below $3,886 a ton would call this into question though, making chart support important to hold on this current pullback.”


http://www.bloomberg.com/apps/news?pid=20601086&sid=aegdBv_L…

[derogher]

hallo zusammen,

ich möchte gerne eine kleine diskussion anregen...

nachdem ich die zahlen Q1 etwas zerpflückt habe stelle ich mal einige schätzungen in den raum:
ich steige sofort mit den vorabzahlen für april ein.
3,399,988 pounds of copper / ges. Q1 2,300,000 pounds of copper
166,684 pounds of molybdenum / ges. Q1 94,094 pounds of molybdenum
silber lasse auf grund von silver wheaton vertrag weg

hochgerechnet auf drei monate(Q2) incl. etwas dynamik nach oben:
12,000,000 pounds of copper / 2,25 US $/lbs = 27 mio US $
600,000 pounds of molybdenum / 9,5 US $/lbs = 6 mio US $

sollte doch möglich sein bei einem umsatz von 33 mio US $ deutlichen gewinn einzufahren?
mit anlauf von phase 2 (50000 t/d) sollte das ergebnis noch anders aussehen.

[Videomart]

aus:
"Casey's Daily Resource"
May 19, 2009

Base Metals

The base metals were modestly higher on Monday. Copper slogged along below $1.98 until the late pre-dawn hours, but pushed upward from there to finish at its intraday high of $2.0374/lb., up 4 cents. Nickel was down and then up equally, closing little changed at $5.555/lb., up just over a penny. Zinc followed copper’s path, ending just off its intraday highs at $0.6746/lb., up a penny and two-thirds. Aluminum had a quiet day, shedding a quarter of a cent, to $0.6721/lb., while lead pushed higher, adding just under a penny, to $0.6725/lb.

Copper turned around and bounced back over $2 in New York as it followed booming equities and a weakening dollar higher. With the housing industry crucial to demand for copper, the metal also got a lift when building supplier Lowe’s reporter a smaller-than-expected decline in quarterly profit.

There was also anticipation of more positive news on the home front, with the release of April housing starts data, due out today.

But there were concerns raised by news out of China, which arrived after the close of market on Friday. Copper inventories monitored by the Shanghai Futures Exchange expanded for a third time last week, by 28%, to 35,389 metric tons. That’s the highest level since the week ended March 6.

“What’s weighing on investors now is whether or not Chinese demand will be able to absorb the record imports,” said Zeng Chao, of Everbright Futures Co.

Chinese copper imports reached a record 399,833 tons last month, despite the country experiencing a widening export slump that pushed industrial output lower than expected. “With record imports and rising domestic stockpiles, we see cash prices start to fall and this is weighing on the futures market,” said Zeng.

China also factored into the zinc equation, on speculation supply of galvanized sheets may not meet demand from the country’s auto industry. Traders are expecting strong domestic demand for automobiles, said Southwest Futures Co. analyst Jia Zheng, and she added that, “Stockpiles are running low.”

Meanwhile, the copper stock drawdown continues. Copper inventories monitored by the LME were off 4,250 metric tons yesterday, to 353,550 tons, the lowest level since early January.


http://caseyresearch.com/displayDrp.php

[Videomart]

China Craves Molybdenum
By Ian Mathias

05/28/09 Baltimore, Maryland
“For the first time in years, the Chinese have become net importers of molybdenum,” reports Chris Mayer in his latest Special Situations alert. Moly, if you are unfamiliar, is a lynchpin of the energy complex. It’s a vital resource for oil pipelines, nuclear reactors and fuel refiners. Above all, moly is used to strengthen steel.

“China recently became a net importer of moly because its mines are too costly to run profitably at current low moly prices. Various estimates put about half of China’s moly production at costs north of $13 a pound. The current moly price is only $8 and change — down from $30-plus last year, mainly as energy markets softened. So there have been a lot of shutdowns in China, as Chinese producers can’t make any money.



“China is the world’s largest producer of steel, by far. No one’s even close. China produces nearly 40% of the world’s steel. It makes twice as much steel as the No. 2 guy, the European Union. Much of that steel will need moly.

“Therefore, any rebound in moly is bound up in the China growth story. In fact, over the past five years, Chinese demand for moly has grown 27% annually, compared with only 4% globally. China alone now makes up 25% of the global demand for moly — about 110 million pounds.”

Thus, if you believe in the China boom, concludes Chris, “molybdenum is a winner, albeit one that is temporarily resting, like a basketball player taking a breather before he steps back on the court. All the elements that pushed moly to $30-plus per pound in the first place are still in place for yet another run at three sawbucks or better. Molybdenum is cheap at $8 per pound.”

“Despite this year’s slowdown, we continue to believe strongly in the Asia story,” adds our colleague Frank Holmes, just back from a trip to Singapore. “Rapid urbanization, an expanding middle class and government policies that promote prosperity are among the factors that we see as driving future growth in that region.

“China’s spending to build out its infrastructure has gotten a lot of attention, but that emphasis is a key government initiative in many Asian countries. Construction cranes are a common sight in Singapore, where the government has committed to spending more than $40 billion over the next three years on new roads, public housing and other infrastructure projects

“One of the biggest projects now under way in Singapore is the Marina Bay Sands hotel and casino, which I could see from my hotel window. Look at all of the cranes:



“This will be the country’s first casino, following a change in its gambling laws last year, and its first step toward its goal of becoming the Monte Carlo of Southeast Asia.

“This construction, which is valued at more than $3.5 billion, is providing jobs for thousands of workers and consuming many thousands of tons of steel, cement and other commodities. Similar work is under way across Asia, and many more projects are in the pipeline.”

http://dailyreckoning.com/china-craves-molybdenum/

[hbg55]

...mit neuem monat nimmt ML wieder fahrt auf und arbeitet
sich bei zunehmendem vol. weiter voran an die cad 2,-........





RT....cad 1,82

[Extrabreit]

ich sehe immer noch deutliches Potenzial nach oben

[neuflostein]

Der Gesamtmarkt macht mir Sorgen. ML korreliert in letzter Zeit stark mit dem Markt. Sollte das ganze bloss eine gigantische Bärenmarktrally gewesen sein, wird es wieder abwärts gehen, vermutlich auch mit ML.

@Extrabreit:
Sieht zunächst tatsächlich so aus, als ob ML noch einiges an Nachholbedarf gegenüber TCM hätte. Allerdings hat ML auch die Anzahl der ausstehenden Aktien nahezu verdoppelt. Dazu kommen noch 120Mille schulden, während TCM schuldenfrei ist und fast 300 mille an cash hält. Zudem ist TCM schon nahezu fertig entwickelt (und hat sogar Produktion zurückgefahren), während ML noch Phase II (und damit verbundene Kosten..) vor sich hat. Ich sehe daher kurzfristig nur noch begrenztes Aufwärtspotential für ML. Vielleicht bis auf $2,50. Bei stabilen Kupfer und Molypreisen allerdings auch nur begrenztes Risiko nach unten.

[neuflostein]

Antwort auf Beitrag Nr.: 37.359.515 von neuflostein am 10.06.09 08:45:51

Wenn ich mir den Kupferpreis (und den der meisten anderen Rohstoffe) so anschaue, dann könnte kurzfristig doch noch mehr für Ml drin liegen.

Es ist wie vor der Krise, alles steigt und steigt....

[the_artlove]

Antwort auf Beitrag Nr.: 37.363.197 von neuflostein am 10.06.09 14:23:11

Bei dem akt. CU preis (Md ist merkwürdigerweise recht stabil) sollte auf alle Fälle ein schönes pos. Ergebnis in Q2 reinkommen. Ich denke von da ab und auf Basis der Q2 Zahlen kann man dann vernünftige rechnungen anstellen wie die Zukunft aussieht. Ja, 3 CAD sind sicher in Reichweite!

[neuflostein]

Antwort auf Beitrag Nr.: 37.364.322 von the_artlove am 10.06.09 16:05:15

Moly ist stabil, weil damit nicht spekuliert wird. Keine Futures, ETFs und so weiter. Einer der wenigen "ehrlichen" Märkte. Kupfer und Oel werden hochgezockt.

[Extrabreit]

Antwort auf Beitrag Nr.: 37.365.241 von neuflostein am 10.06.09 17:22:08

was auch dieses jahr bei Moly passieren kann. ich hatte gelesen, dass Moly bald in London gehandelt wird.

Schaut mal die letzten Zahlen von Taseko an. Ich glaube dass Ml durchaus in den Bereich kommen könnte.

[neptuno123]

Ueber 4000 Trades beinahe 10 Mio CAD Vol. / + 10.3 %

[Videomart]

Metals industry's health depends on China – research firm

By: Creamer Media Reporter
12th June 2009

JOHANNESBURG (miningweekly.com) – China’s role was now more “pertinent” to the health of the metals industry than at any other time in the last century, with the hope for the metals industries in 2009 resting with the Asian giant, independent research firm AME Mineral Economics said in its latest AME Focus newsletter.

The researchers note that China’s industrial production (IP) growth rate was 7,3% in April, with IP generally representing about 32% of global economic activity.

Should China’s IP reduce by 50%, it would pull down the global IP growth by about 0,5% a year, based on a market exchange rate basis.

On a purchasing power parity basis, a 50% drop in Chinese IP would result in an additional 0,8% reduction in global IP. This would reduce the forecast global IP of -2,8% for 2009 to -3,6%, the report highlighted.

Subsequently, the demand for metals would decline by about 28%, said the AME.

China accounted for about 35% of global metal demand and produced about 45% of steel by physical production in 2009, the report noted.

Even if Chinese IP were to drop by 20%, the metal demand would revert to that seen in the first quarter of 2009, when the prices were close to the average cash cost of production, the AME stated.

The AME was still expecting China’s gross domestic product to grow by 6% in 2009 and would continue to keep an eye on economic data from the Asian country.

BASE-METALS OUTLOOK

Meanwhile, the researchers expected global demand for copper to fall by 10,4% in 2009, as the Chinese buying of copper starts to slow down and demand from Western markets was expected to remain subdued until 2010.

The copper currently being bought by China was used for infrastructural projects, which would be completed or was being stockpiled for future use.

Further, the AME said that it believed that the market fundamentals did not justify the growth rate in nickel cash prices observed throughout May. It said that the rally on the London Metal Exchange (LME), where nickel broke the $6/lb ceiling two days in a row had not been supported by demand and was not sustainable.

Nickel demand in China would drop by 9,2% in 2009, while Japan would see a 27% drop in demand and the US a 16% decline in demand, noted the researchers.

Meanwhile, while lead and zinc prices have seen some recovery in May, the AME warned that any exuberance over further rises should be tempered.

It explained that a number of factors have, and would continue to, moderate zinc’s potential for price increase into 2010, one of which was that there was no clear signs of sustainable demand within China or from the Western markets.

However, stimulus packages would begin to create some genuine demand for zinc later in 2009 and in 2010, as new zinc-intensive infrastructure projects were started, it added.

Further, the AME noted that while the LME zinc price, which was at about 60 c/lb to 65 c/lb, was unsustainable for an extended period of time, but that China’s contradictory directives affected the market balance in the rest of the world.

Growing stockpiles and slow capacity curtailments were challenges that had to be overcome.

Greenfield and brownfield aluminium projects in China, which were due to come on stream in the next three years, had been blocked, phasing out about 800 000 t/y of outdated capacity and increasing consolidation in the base-metals industry, said the researchers.

However, there was additional capacity that would come on stream in 2009, which could potentially replace the phased-out capacity and reduce the benefits of capacity curtailments, the AME added.

COAL

Metallurgical coal imports by China of 2,8-million tons in April were a fivefold increase on the year before.

The Asian country had also increased its thermal coal demand by 27% to 16,7-million tons in the first four months of 2009, while exports were down 33% to 9,2-million tons.

Meanwhile, the researchers noted that China’s crude steel production in March and April reached the highest two-month output figure since June and July last year, despite the global economic slowdown.

Fixed-asset investment in the first quarter of the year had also increased by 29% year-on-year, while the number of vehicles produced, and cement production, had also increased.

Edited by: Mariaan Webb

http://www.miningweekly.com/article/china-is-key-to-health-o…

[Extrabreit]

BASE-METALS OUTLOOK

Meanwhile, the researchers expected global demand for copper to fall by 10,4% in 2009, as the Chinese buying of copper starts to slow down and demand from Western markets was expected to remain subdued until 2010.

The copper currently being bought by China was used for infrastructural projects, which would be completed or was being stockpiled for future use.

naja, letztes Jahr um diese Zeitwar der generelle Outlook überwiegend positiv und seit Anfang des Jahres überwiegend negativ.

vor 5-6 Jahren als die Chinesen anfingen Rohstoffe zu kaufen, hatte auch keiner einen so massiven Anstieg der Rohstoffpreise vorhergesehen.
was ist, wenn die Chinesen trotz voller Rohstofflager weiterkaufen?

meiner Meinung nach wird Kupfer dieses Jahr noch die 3 vor dem Komma haben und auch Molybdän wird sich noch erholen, wenn auch nur marginal.

[Videomart]

Antwort auf Beitrag Nr.: 37.387.089 von Extrabreit am 13.06.09 15:59:34

Meiner Meinung nach ist Kupfer bei etwa 2,50$ am Ende der Fahnenstange für dieses Jahr.
Molybdän hat dagegen noch mehr Aufholpotenzial...

[ACEGIP]

A brief synopsis of all the company presentations at this week's Global Mining and Materials Conference in Toronto.

Author: John Chadwick
Posted: Friday , 12 Jun 2009

LONDON -

The two day RBC CM Global Mining and Materials Conference took place in Toronto this week.

...

Mercator Minerals (TSX: ML) - Mike Surratt, President & CEO

Mercator is a one-mine producer of copper, molybdenum and silver at its Mineral Park mine in northwest Arizona with 1,200 Mlb of copper and 336 Mlb of molybdenum. Mine has a 25-year mine life with organic growth potential
April 2009 was the first full month of production during which operation reached 27,000 t/d, above its nameplate of 25,000 t/d. Recoveries and concentrate grades have been above management's expectations
Company plans to increase production incrementally as equipment arrives, first to 35,000 t/d and then to 50,000 t/d
Company plans to continue to expand resources and is looking to continue drilling in designated targets next year
Mining by previous operator means the strip ratio is 0.18. In the last three months the company has not had to strip anything, driving mining cost lower
Unique layout of mine with the mill in the middle of the ore body means a full 50,000 t/d production will need only 14 trucks (longest haul is some 800 m)
One disadvantage is electricity cost, which is a large component of its mining costs. Mercator must pay a tariff on electricity and is unable to negotiate a rate better than $0.095/kWh. The company has installed monitoring equipment and is looking at alternative sources of power. This process is expected to take six to 12 months
Ore is very fragile, which means that only 20% of material is crushed; the rest goes through a screen, which helps keep costs down
Mercator is not an exploration company. It would like to grow through M&A for a similarly sized company.

[neuflostein]

Antwort auf Beitrag Nr.: 37.388.004 von ACEGIP am 14.06.09 01:01:44

Hört sich doch alles ganz gut an. Bis auf das M&A Zeugs. Was soll der Mist? Haben die nichts gelernt aus der Taylor Geschichte?

ML soll erstmal 50-60.000t/d installieren, weiter bohren und ordentlich cash generieren. Schulden bedienen, zurückzahlen und mineral park ausbauen. Die Kohle dann als fette Dividende an uns ausschütten. Oder gefälligst selber übernommen werden.

[Videomart]

18.06.09

Tiefpunkt erreicht:
Molybdän-Preise unmittelbar vor Rebound

Besserung in Sicht: Der CEO des Minenkonzerns General Moly erwartet einen Rebound des Preises für das Spezialmetall. Allerdings keine Rückkehr zu den Hochs des vergangenen Jahres.


Der US-amerikanische Minenkonzern General Moly Inc (WKN A0M25Q) ist der Ansicht, dass der Markt für Molybdän kurz vor einem Rebound steht. Eine Wiederbelebung der Nachfrage und begrenztes neues Angebot sollten den Preis für das Metall, das unter anderem genutzt wird, um Stahl härter und korrosionsbeständig zu machen, 2012 auf ein neues Hoch treiben, erklärte Unternehmenschef Bruce Hansen.

Die Nachfrage nach dem Spezialmetall solle vor allem steigen, da niedrige Vorräte aufgefüllt werden müssten, China zum Importeur werde und die Konsumenten begännen, ihre Käufe zu erhöhen, so Hansen.

Auf der Angebotsseite sollte ein begrenztes Wachstum von Kupferminen mit Molybdän als Beiprodukt sowie Produktionskürzungen als Reaktion auf den bisherigen Nachfrageeinbruch sowohl bei Primärproduzenten als auch bei Firmen, die das Metall als Beiprodukt fördern, die Preise stützen, hieß es weiter. Es gäbe zudem derzeit keine neuen primären Molybdän-Minen, die sich in der Entwicklung befänden, so der General Moly CEO weiter.

Unter Berufung auf die durchschnittlichen Analystenprognosen erklärte Hansen, dass der Molybdänpreis 2011 oder 2012 zwischen 18 und 22 Dollar pro Pfund ihren Höhepunkt erreichen. Langfristig geht er von einer durchschnittlichen Preisspanne von 13 bis 15 Dollar je Pfund aus. Der Preis für Molybdänoxid stieg im Juni bis auf 10,25 Dollar pro Pfund nach einem Tief um die Marke von 8 Dollar im April, liegt damit aber immer noch weit unter dem Hoch von 2008 bei 34 Dollar pro Pfund.

General Moly erwartet von 2008 bis 2013 nur eine geringe jährliche Wachstumsrate von 0,4 Prozent beim Kupfer, wo ein Großteil des Molybdäns als Beiprodukt anfällt. Hansen ist der Ansicht, dass jetzt der richtige Zeitpunkt für Investitionen in Basismetalle gekommen sein könnte. Wenn der Tiefpunkt in der Entwicklung der Weltwirtschaft noch nicht gekommen sei, dann stünde er aber wahrscheinlich kurz bevor.

http://goldinvest.de/public/story_detail.asp?l=&c=10,20020&i…

[Coxos]

spiegel.de
German Geologists Stumble Across Huge Precious Metal Deposit

By Frank Thadeusz

Geologists have found deposits of the rare metal molybdenum in the Erzgebirge mountain range in eastern Germany. The valuable find has triggered a gold rush mentality in the economically depressed area.

Normally someone who wants to strike a vein of gold or locate deposits of some other valuable metal has to leave the comforts of their office or home, perhaps with a pickax or large drill in hand. But now two geologists from the eastern German state of Saxony have demonstrated there are easier ways to strike pay dirt.

Geologists Kersten Kühn (left) and Wolfgang Schilka explore the mine near Sadisdorf.
Zoom
Ben Behnke

Geologists Kersten Kühn (left) and Wolfgang Schilka explore the mine near Sadisdorf.
Wolfgang Schilka and Kersten Kühn discovered one of the most valuable mineral deposits to be found in Germany in a long time -- hidden between the covers of file folders in various archives.

According to their research, about 7 million tones of ore with an unusually high concentration of the valuable metal molybdenum are waiting to be extracted from the ground near Sadisdorf, a village of 411 residents in the Erzgebirge mountain range in eastern Germany. The two geologists have already forged plans to begin mining operations within five to 10 years.

Although the general public may be unfamiliar with molybdenum, much modern technology would not work without the awkwardly named mineral. Without this precious ingredient, bird strikes would cause jet engines to explode. And oil pipelines are only capable of withstanding large amounts of pressure because molybdenum provides them with the necessary elasticity.

FROM THE MAGAZINE
Find out how you can reprint this DER SPIEGEL article in your publication.
In Germany, steelmaker ThyssenKrupp is one of the largest consumers of molybdenum. So far, however, the valuable commodity has only been available as an expensive import. Because demand is significantly higher than the supply, the price of molybdenum has skyrocketed within the last decade. And despite the global economic crisis, the rare metal is still considered an extremely good investment.

The world's main producers today are the United States, China, Chile and Peru. The surprising find in the eastern Erzgebirge -- the name translates as Ore Mountains -- could make the German market less dependent on imports in the future. This helps to explain the euphoria with which Tinco Exploration, a Canadian company, greeted the recent discovery. "The project in Saxony is our hottest commodity," says Tinco exploration manager Rainer Lehne, referring to the unexpected discovery of the molybdenum deposit.

In 2007, Tinco obtained a permit to conduct test digs for the metals tin and tungsten on the grounds of the Sadisdorf copper mine, which was shut down in 1953. Late last year, however, the Canadian investor appeared to have abandoned the project. As a result of the financial crisis, it had "become very difficult to pursue exploration projects," the Vancouver-based company said at the time.

Map: The Erzgebirge
Zoom
DER SPIEGEL

Map: The Erzgebirge
But in recent weeks the company suddenly rekindled its interest in digging. The reason? Schilka and Kühn, who had been working as geologists on the Canadian company's digging project, had found molybdenum -- purely by accident.

The two mining veterans had gathered documents from 11 different archives to prepare to drill for tungsten. In the process, they stumbled upon the results of five test drills conducted in 1984 and 1988, when the area was still part of communist East Germany.

The only problem was that the two different drilling teams apparently had no knowledge of each another. Only by combining the test data from both exploratory drills were the geologists able to discover the treasure hidden in the ground in the former ore mining region. Schilka and Kühn were the first to put together the pieces of the puzzle. "Our predecessors simply overlooked it at the time," Schilka says. "But, then again, they weren't looking for molybdenum."

Molybdenum has been mined in Sadisdorf before, during World War I, when it was produced -- albeit in small amounts -- for a short time and used to make cannon for the Kaiser's army.

Ore containing molybdenum: The geologists stumbled upon the deposit after studying old archives.
Zoom
Ben Behnke

Ore containing molybdenum: The geologists stumbled upon the deposit after studying old archives.
Schilka marvels over the fact that this is the biggest find of the metal worldwide in recent years. The high concentration of the costly mineral in the rock -- a ton of ore from the Sadisdorf mine yields one kilogram of molybdenum -- is also unusual, says Schilka. "This is five times the concentration being mined internationally," he says enthusiastically. He believes that a molybdenum mine in the Erzgebirge could be productive for a period of 30 years.

Since the local press first reported the story, a gold rush mentality has taken hold in the economically undeveloped region. For the time being, however, geologist Kühn is the only one putting in more hours as a result. "After an article like this," he complains, "I'll have 50 job applications on my desk the next day."

[neuflostein]

Es kommen noch mal günstige Einstiegskurse. Sieht zumindest arg danach aus. So bei CAD 1.30-1.40 später im Sommer wäre doch toll!

[neuflostein]

Autsch, das geht schneller als ich gedacht hatte. Bei CAD 1,20, dem Preis des zweiten Placements, sollte eigentlich erstmal Schluss sein.

[neuflostein]

Sieht so aus, als ob meine Kursziele schon diese Woche erreicht werden. Werde aber mit einem Wiedereinstieg noch etwas warten. Der Kupferpreis sollte noch Luft nach unten haben.

[neuflostein]

Bin gestern mit einer Miniposition wieder rein. Eine grosse Menge erscheint mir momentan zu heikel. Ich würde mir jetzt ein anziehen des Molypreises wünschen. So $13-15 und ML wäre aus dem Schneider. Schön wärs...

[Swenmx]

Antwort auf Beitrag Nr.: 37.468.050 von neuflostein am 25.06.09 17:32:06

Molybdenum Oxide Price

As of June 25, 2009 - US$ 10.60

[Videomart]

China has bought 235,000 T copper as reserves -report
Sun Jun 28, 2009 11:50pm EDT

HONG KONG, June 29 (Reuters) - China has bought 235,000 tonnes of copper, 30 tonnes of indium and 5,000 tonnes of titanium, Caijing magazine quoted an official of National Development and Reform Commission (NDRC) as saying.

But China would not continue purchases. "State purchases for reserves will not continue under current market conditions," Yu Dongming at the NDRC's metallurgical deparment told a conference.

It is the first public confirmation of the NDRC's State Reserves Bureau's secretive purchases of copper for reserves.

The SRB is widely known to have bought 590,000 tonnes of primary aluminium and 159,000 tonnes of refined zinc from Chinese smelters since December last year. (Reporting by Polly Yam and Tom Miles)

http://www.reuters.com/article/marketsNews/idAFPEK3597222009…

[Martin12345]

Antwort auf Beitrag Nr.: 37.468.050 von neuflostein am 25.06.09 17:32:06

Es schaut nicht gut aus. Es scheint, als würden die Bullen den Rohstoffbereich verlassen.

Grüße
Martin

[neuflostein]

Ja, mein Wiedereinstieg war leider verfrüht. Hatte auf einen Ausbruch zusammen mit dem wieder steigenden Kupferpreis gesetzt.


@Martin12345: Bist du bei Copper Mountain noch dabei, oder bei dem fetten Spike nach oben letztens raus?

[Martin12345]

Antwort auf Beitrag Nr.: 37.488.741 von neuflostein am 29.06.09 20:31:54

Hallo.
Bin leider auch wieder zu früh in Mercator rein.

Copper Mountain trade ich nicht. Die behalte ich, außer es kommen schlechten Nachrichten.

Grüße
Martin

[Martin12345]

Taseko Mines sieht auch ziemlich vielverprechend aus. Zumindest sehe ich dort ein bißchen weniger Risiko, da sie 50% ihres Kupferoutputs 2009 gehedged haben. Der Marktwert ist auch relativ niedrig und die Goldassets sind auch nicht zu verachten.
Solltest Du dir einmal anschauen.

Grüße
Martin

[neuflostein]

Antwort auf Beitrag Nr.: 37.493.795 von Martin12345 am 30.06.09 15:49:01

Stimmt schon, wenn Copper Mountain in Produktion geht, sehe ich bei den geringen Cash-Costs auch keine Risiken. Also gut für buy and hold.

Ansonsten investier ich erst mal nicht mehr in einzelne Rohstoffwerte. Der kurzfristige Preisausblick, z.B. für Kupfer, ist mir grade zu unsicher. Kann gut sein, dass man noch mal deutlich billiger reinkommt. Langfristig siehts vermutlich eher gut aus für Minenbetreiber.

Wiedereinstieg in Mercator war auch nur als kurzer Trade gedacht. Ging daneben, jetzt bin ich dauerlong...

[Martin12345]

Es macht einfach keinen Spaß, wenn die Kurse so "runtergedroschen" werden. Innerhalb 4 Wochen -45%.

[neuflostein]

Wäre ich nicht zu früh wieder eingestiegen, dann würde es mir grossen Spass machen...

[neuflostein]

News:

Mercator Minerals Announces Second Quarter Operating Results from the Mineral Park Mine

VANCOUVER, July 8 /CNW/ - Mercator Minerals Ltd. ("Mercator" or the
"Company") is pleased to announce that during the second quarter of 2009 the
Mineral Park Mine shipped 9,091,708 pounds of copper, 418,987 pounds of
molybdenum and 56,441 ounces of silver. The Company also generated in excess
of US$5.7 million (unaudited) in earnings before interest, taxes, depreciation
and amortization ("EBITDA")(*)on a consolidated basis, well above the US$3.4
million required under the Note Indenture. Additionally, the Company reports
that it has made the June 30 interest payment on the Secured Notes issued in
2007, on time and as required. "This was the first full quarter of production
through the recently constructed mill facility at Mineral Park and although we
were still making significant modifications to the circuit and going through
typical start up issues the production and cash flow during the period were
impressive", said Mike Surratt, President and CEO.

Key points for the quarter:

- 7,867,241 pounds of copper in concentrates shipped;
- 1,224,467 pounds of cathode copper shipped;
- 418,987 pounds of Molybdenum in concentrates shipped;
- 56,441 ounces of Silver shipped;
- Mined 1,841,181 tons of mill ore; 698,258 tons of leach ore; 150,858
tons of low grade stock pile;
- Strip ratio 0.43 (slightly higher than forecast due to advance
stripping in a shale area to prevent slides in the pit);
- 1,794,329 tons milled @ 0.275% Cu and 0.026 % Mo;
- Copper recoveries prior to the modifications completed in early June
were 72% increasing to 77%, thereafter, compared to the target of 80%
- Moly recoveries prior to the modifications completed in early June
were 42%, increasing to 69%, thereafter, compared to the target of
72%;
- 20,292 pounds of moly shipped during the first 10 days in June, with
144,367 pounds of moly shipped from June 11th to the 30th;
- Major modifications, include; rougher down draft tube extensions,
redesigned Quinn moly cells, conditioning tank re-plumbing, reduced
SAG mill discharge grate opening size, modified dart boxes on copper-
moly feed cleaner cells, replaced tails thickener drive mechanism,
recycle moly thickener into copper-moly thickener, added nitrogen
system to moly rougher circuit, constructed dry nash mixing system,
added moly column cell.
- Mill availability of 88.8%, compared to target of 90%;
- No lost time accidents year to date with a total of 214 employees.

Stage 2 work continued, with the setting of the second SAG mill into the
bearings and the start of the electrical runs to the second SAG mill. Other
Stage 2 work completed to date includes the pouring of the bases for the
second set of ball mills, reclaim tunnel completed, concrete for second SAG
mill completed, support steel for second SAG mill complete, second stage
tailings thickener tank complete, copper moly cleaner circuit complete, water
wells drilled.
"Most of the major modifications are complete with fine tuning of the
circuit an ongoing process. The first column moly cell had some impressive
results and a second is under construction for the moly and will also be
tested on the copper side. As our operating crews get more familiar with the
ore and plant we expect to keep improving and are looking forward to an even
better third quarter", added Surratt.
Gary Simmerman, BSc, Mercator's VP Engineering, a Qualified Person as
defined by NI43-101, supervised the preparation of and verified the technical
information contained in this release.

Mercator Minerals Ltd.

Mercator Minerals Ltd. is a TSX listed mining company with an experienced
management team that has brought the mill expansion at the Mineral Park Mine,
one of the largest and most modern copper-moly mining-milling operations in
North America to production in less than 2 years. Mercator management is
dedicated to maximizing profits by making its Mineral Park Mine one of the
lowest cost operations in the industry.

On Behalf of the Board of Directors

MERCATOR MINERALS LTD.


Per: "Michael L. Surratt"

Michael L. Surratt,
President

(*)The reporting of EBITDA is a non-GAAP measure which the Company believes
is used by certain investors to determine the Company's ability to generate
cash flows for investing and other activities. These non-GAAP measures do not
have any standardized meaning prescribed under Canadian GAAP, and therefore
they may not be comparable to similar measures employed by other companies.

This press release contains certain forward-looking statements, which
include estimates, forecasts, and statements as to management's expectations
with respect to, among other things, the size and quality of the Company's
mineral reserves and mineral resources, future production, capital and mine
production costs, demand and market outlook for commodities, and the financial
results of the Company. These forward-looking statements involve numerous
assumptions, risks and uncertainties and actual results may vary. Factors that
may cause actual results to vary include, but are not limited to, certain
transactions, certain approvals, changes in commodity and power prices,
changes in interest and currency exchange rates, inaccurate geological and
metallurgical assumptions (including with respect to the size, grade and
recoverability of mineral reserves and resources), unanticipated operational
difficulties (including failure of plant, equipment or processes to operate in
accordance with specifications, cost escalation, unavailability of materials
and equipment, delays in the receipt of government approvals, industrial
disturbances or other job action, and unanticipated events related to health,
safety and environmental matters), political risk, social unrest, and changes
in general economic conditions or conditions in the financial markets. These
risks are described in more detail in the Annual Information Form of the
Company. The Company does not assume the obligation to revise or update these
forward-looking statements after the date of this report or to revise them to
reflect the occurrence of future unanticipated events, except as may be
required under applicable securities laws. For a more complete discussion,
please refer to the Company's audited financial statements and MD&A for the
year ended December 31, 2008 on the SEDAR website at www.sedar.com.

The Toronto Stock Exchange does not accept responsibility for the
adequacy or accuracy of this press release.

[neuflostein]

Soweit, so gut! Debt Covenants wurden erfüllt, kein Cash-Sweep, Phase II Expansion wird vorangetrieben etc.
Die Copper und Moly-recoveries nähern sich ebenfalls der Planung an. Mit dem Moly gab es ja noch Probleme. Für mich durchaus positiv.

[Martin12345]

Antwort auf Beitrag Nr.: 37.533.582 von neuflostein am 08.07.09 15:29:22

Ich werde aber nicht mehr nachkaufen. Für mich hat sich das Kapitel Mercator erledigt.

Grüße
Martin

[neuflostein]

Ich auch nicht, zu riskant, wie das Unternhmen am Bankrott vorbeischrammt (oder auch nicht..).

[Schorsch°]

7 July 2009
Chinese Molybdebum Oxide Export Price
Summary: Item Spec. Price Unit Basis Molybdenum oxide YMo57.0-A 10.5-11.3 $/lb FOB
http://www.ferroalloynet.com/catelogs/005000000/default.html

Tuesday, July 7, 2009
Molybdenum Oxide
We are able to offer the following Molybdenum Oxide price from our supplier in China
Origin: China
Price: FOB USD 12.35/lb/Mo
http://minerals-and-metals-prices.blogspot.com/2009/07/molyb…

[Schorsch°]

MBMOEUOX:IND Mo Drummed Molydbic Oxide EU
New York, Jul 08, 08:56 Currency: USD

Value:
11.65
Change:
+0.450 / +4.018%
http://www.bloomberg.com/apps/quote?ticker=MBMOEUOX%3AIND

[Martin12345]

Wie erklärt ihr Euch das extrem hohe Volumen? Sind das nur Trader, die ständig rein und raus hüpfen oder wird wie so oft manipuliert, sprich linke Tasche in rechte Tasche.

Grüße
Martin

[neuflostein]

Antwort auf Beitrag Nr.: 37.545.040 von Martin12345 am 09.07.09 22:34:59

Was wäre das Motiv für Manipulationen? Takeover? Billig akkumulieren? Vielleicht letzteres, glaube ich allerdings nicht. Ich denke, dass ML zu einem Daytrader Paradies geworden ist. Wird sich auch wieder ändern.

Ich halte meine (kleine) Position und hoffe auf höhere Molypreise.

[neuflostein]

CIBC Research:


Find CIBC research on Bloomberg, Reuters, firstcall.com CIBC World Markets Inc., P.O. Box 500, 161 Bay Street, Brookfield Place, Toronto, Canada M5J 2S8 [phone]

and ResearchCentral.cibcwm.com

Institutional Equity Research

Change in Recommendation

July 8, 2009 Metals & Minerals

Mercator Minerals Ltd.

Mineral Park Finally Out Of The Woods, Expecting

Further Improvements In Q3

In Q2, Mercator shipped 7.8MM lbs Cu in concentrate, 1.2MM lbs Cu of

cathode, 418,987 lbs Mo and 56,441 oz Ag. Copper and moly recoveries

were 72% and 42% respectively prior to modifications that improved these

to 77% and 69% and were completed at the beginning of June.

Mineral park mined 1.84MM tons of mill ore, 698 thousand tons of leach ore

at a strip ratio of 0.43:1. The mill processed 1.79MM tons over the quarter

with head grades of 0.275% Cu and 0.026% Mo. This implies the mill ran at

about 20,000 tons per day with an availability of 88.8%.

While metallurgical improvements have increased recoveries for Cu and Mo

to 77% and 69% respectively, they are still well below designed rates. The

good news is that the company is in much better shape now and should

only need to tweak the system going forward.

Incorporating management targets for Cu and Mo recoveries of 80% and

72% into our model, which are slightly below our prior estimates, reduces

our PT to C$1.90 from C$2.00. Given the de-risking of the project and

current market valuation we are upgrading ML to SO from SP, as of July 8.

Stock Price Performance

Source: Reuters

All figures in US dollars, unless otherwise stated.(C$1.164:US$1) 09-97544 © 2009

CIBC World Markets does and seeks to do business with companies covered in

its research reports. As a result, investors should be aware that the firm may

have a conflict of interest that could affect the objectivity of this report.

Investors should consider this report as only a single factor in making their

investment decision.

See "Important Disclosures" section at the end of this report for important

required disclosures, including potential conflicts of interest.

See "Price Target Calculation" and "Key Risks to Price Target" sections at the

end of this report, where applicable.

Ian Parkinson Matthew Gibson

Stock Rating:

Sector Outperformer

Sector Weighting:

Market Weight

12-18 mo. Price Target C$1.90

ML-TSX (7/8/09) C$1.13

Key Indices: None

3-5-Yr. EPS Gr. Rate (E) NM

52-week Range C$0.29-C$11.08

Shares Outstanding 176.9M

Float 73.0M Shrs

Avg. Daily Trading Vol. 450,000

Market Capitalization $171.7M

Dividend/Div Yield Nil / Nil

Fiscal Year Ends December

Book Value $0.30 per Shr

2009 ROE (E) NM

LT Debt $129.0M

Preferred Nil

Common Equity $53.5M

Convertible Available No

Earnings per Share Prev Current

2008 ($0.38A)

2009 $0.01E $0.01E

2010 $0.64E $0.60E

P/E

2008 NM

2009 97.1x 97.1x

2010 1.5x 1.6x

Cash Flow per Share

2008 ($0.35A)

2009 $0.07E $0.06E

2010 $0.71E $0.67E

P/CF

2008 NM

2009 13.9x 16.2x

2010 1.4x 1.4x

Company Description

Mercator Minerals is focused on re-starting the Mineral

Park mine in Arizona and is staged to produce 43 mln.

lb. of Cu and 5.9 mln. lb. of Mo in 2009.

www.mercatorminerals.com

Mineral Park Finally Out Of The Woods, Expecting Further Improvements In Q3 - July 08, 2009

2

Outlook Improving

Previously we had concerns over recoveries at Mineral Park and whether the

company would be able to generate enough EBITDA to satisfy its debt

covenants. It would appear that the tough Q2 we envisioned did materialize, but

the company generated more than enough cash to cover interest payments. In

addition, the implementing of the metallurgical improvements in the plant has

significantly reduced a key risk to the company. With this significant obstacle out

of the way, we see substantial upside in the stock as it ramps up its mill to

55,000 tpd in the next two years.

Exhibit 1. Production Profile

Mercator

-

10.0

20.0

30.0

40.0

50.0

60.0

70.0

80.0

2009E 2010E 2011E 2012E 2013E 2014E 2015E 2016E

MM lbs.

0.00

1.00

2.00

3.00

4.00

5.00

6.00

7.00

8.00

US$ / lb

Cu Mo Cash Costs Cu Cash Costs Mo

Source: Company reports and CIBC World Markets Inc.

Recoveries Improving

Mercator (ML-SO) reported that its sales of copper over the quarter totaled

9.0MM lbs from both cathode and concentrate. Moly sales were 418,987 lbs, far

below what Mineral Park is designed to produce but signs of improvement were

reported for the month of June with recoveries for moly and copper both

improving from Q1 and Q2 but still below design spec. In the exhibit below, one

can see the current positive trend in recoveries. We expect the company to

reach target rates in 2010.

Exhibit 2. Mineral Park Metal Recoveries

Q1 2009A* Q2 2009A** Q3 2009E Q4 2009E 2009E 2010E

Copper Recoveries 40% 72% 77% 77% 67% 80%

Moly Recoveries 9% 42% 69% 69% 47% 72%

*CIBC estimate

**Recoveries up to beginning of June

Source: Company reports and CIBC World Markets Inc.

Mineral Park Finally Out Of The Woods, Expecting Further Improvements In Q3 - July 08, 2009

3

Major modifications that were made at the mill include:

• Rougher down draft tube extensions

• Redesigned Quinn moly cells

• Conditioning tank re-plumbing

• Reduced SAG discharge grate opening size

• Modified dart boxes on copper-moly feed cleaner cells

• Replaced tails thickener drive mechanism

• Recycle moly thickener into copper-moly thickener

• Added nitrogen system to moly rougher circuit

• Constructed dry nash mixing system

• Added moly column cell

Stage 2 Expansion Progress

Stage 2 expansion at the mill is continuing with the setting of the second SAG

mill into the bearings and the start of electrical runs. Other work completed to

date includes:

• Pouring of the bases for the second set of ball mills

• Reclaim tunnel completed

• Steel support and concrete for the second SAG mill

• Second stage tailings thickener tank

• Copper moly cleaner circuit is complete

• Drilling of additional water wells

Our production forecast for the year was also augmented through our analysis of

Q2 production figures. We now expect a slower ramp-up to a 37,000 tpd

throughput rate by the end of 2009. We then expect further ramping up of

production in 2010 before finally achieving a 55,000 tpd throughput in 2011.

Valuation

We have incorporated management’s recovery target into our 2010 estimates

and beyond, and as a result our NAV per share has dropped $0.10 to $1.90 per

share. This NAV represents the discounted cash flow of the Mineral Park mine as

well as the company’s net debt.

Mineral Park Finally Out Of The Woods, Expecting Further Improvements In Q3 - July 08, 2009

4

Exhibit 3. NAV Calculation

Discount Value (US$ mln) Per Share

Assets

Cash $ 4.5 $ 0.03

Mineral Park 10% 415.9 2.35

Total Assets 420.3 2.38

Liabilities

LT Debt 129.3 0.73

Reclamation - -

Total Liabilities 129.3 0.73

Net Asset Value 291.0 1.65

Net Asset Value (C$) $ 1.89

Price Target $ 1.90

Assumptions Fully Diluted Shares Outstanding 176.9

US$/C$ 1.15

Target Multiple 1.0x

Long Term Moly Price (US$/lb) 12.00

Long Term Copepr Price (US$/lb) 1.75

Source: Company reports and CIBC World Markets Inc.

Mineral Park Finally Out Of The Woods, Expecting Further Improvements In Q3 - July 08, 2009

5

Exhibit 4. Pro Forma Income Statements

in US$ MM

Dec 31st 2008A Q1 2009A Q2 2009E Q3 2009E Q4 2009E 2009E 2010E 2011E

Total Revenue $ 29.2 $ 6.3 $ 23.3 $ 28.8 $ 43.5 $ 101.9 $ 295.4 $ 337.3

Freight Smelting & Refining - 1.5 1.8 3.6 4.8 11.8 29.8 37.0

Mining and Processing Costs 27.9 8.9 10.8 16.6 21.8 58.1 127.4 137.2

Operating Income 1.2 (4.1) 10.6 8.6 17.0 69.9 138.2 163.1

Other Costs and Expenses

G&A 10.4 1.4 1.3 1.3 1.3 5.2 5.0 5.0

Stock Based Compensation 3.1 0.6 0.6 0.6 0.6 2.2 2.2 2.2

Depreciation and Amortization 1.9 0.5 0.6 0.8 1.2 3.0 8.0 9.0

Exploration and Development 0.4 0.0 - - - 0.0 - -

Accretion Expense 0.2 0.0 0.0 0.0 0.0 0.2 1.0 1.0

Interest Expense (Income) (1.5) (0.1) 0.2 0.2 0.2 0.4 0.3 0.1

Interest on long-term liabilities 15.1 3.4 3.4 3.4 3.4 13.8 13.8 13.8

Accretion of long term note discount 2.5 0.6 0.6 0.6 0.6 2.4 2.4 3.3

Total Other Costs and Expenses 32.1 6.5 6.7 6.8 7.2 27.2 32.6 34.5

Income (Loss) from operations (30.9) (10.6) 3.9 1.8 9.8 4.8 105.6 128.6

Total Non Operating Expenses (0.6) 0.1 2.6 - - 2.7 - -

Net Income (loss) before taxes (31.5) (10.7) 1.3 1.8 9.8 2.1 105.6 128.6

Total Taxes (3.1) - - - - - - 37.3

Net Income (loss) for period (28.3) (10.7) 1.3 1.8 9.8 2.1 105.6 91.3

Earnings (loss) per share basic (0.38) (0.10) 0.01 0.01 0.07 0.01 0.72 0.62

Earnings (loss) per share diluted (0.34) (0.08) 0.01 0.01 0.06 0.01 0.60 0.52

Shares Issued 74.7 108.2 147.6 147.6 147.6 147.6 147.6 147.6

Fully Diluted 84.2 139.8 176.9 176.9 176.9 176.9 176.9 176.9

Source: Company reports and CIBC World Markets Inc.

Price Target Calculation

Our $1.90 price target is based on a 1.0x NAV multiple. Our NAV is based on the

discounted cash flows of the Mineral Park mine cash on hand less the face value

of the amount of debt outstanding.

Key Risks To Price Target

The key risks to our forecast include capex over-run for phase two resulting in a

dilutive equity issue, lower commodity prices and higher-than-anticipated

operating costs.

Mineral Park Finally Out Of The Woods, Expecting Further Improvements In Q3 - July 08, 2009

6

Our EPS estimates are shown below:

1 Qtr. 2 Qtr. 3 Qtr. 4 Qtr. Yearly

2008 Current -- -- -- -- ($0.38A)

2009 Prior ($0.10A) ($0.01E) $0.04E $0.05E $0.01E

2009 Current ($0.10A) $0.01E $0.01E $0.06E $0.01E

2010 Prior -- -- -- -- $0.64E

2010 Current -- -- -- -- $0.60E

Our CFPS estimates are shown below:

1 Qtr. 2 Qtr. 3 Qtr. 4 Qtr. Yearly

2008 Current -- -- -- -- ($0.35A)

2009 Prior ($0.06A) $0.00E $0.05E $0.06E $0.07E

2009 Current ($0.06A) $0.02E $0.02E $0.07E $0.06E

2010 Prior -- -- -- -- $0.71E

2010 Current -- -- -- -- $0.67E

Mineral Park Finally Out Of The Woods, Expecting Further Improvements In Q3 - July 08, 2009

7

IMPORTANT DISCLOSURES:

Analyst Certification: Each CIBC World Markets research analyst named on the front page of this research report, or

at the beginning of any subsection hereof, hereby certifies that (i) the recommendations and opinions expressed herein

accurately reflect such research analyst's personal views about the company and securities that are the subject of this

report and all other companies and securities mentioned in this report that are covered by such research analyst and (ii)

no part of the research analyst's compensation was, is, or will be, directly or indirectly, related to the specific

recommendations or views expressed by such research analyst in this report.

Potential Conflicts of Interest: Equity research analysts employed by CIBC World Markets are compensated from

revenues generated by various CIBC World Markets businesses, including the CIBC World Markets Investment Banking

Department. Research analysts do not receive compensation based upon revenues from specific investment banking

transactions. CIBC World Markets generally prohibits any research analyst and any member of his or her household from

executing trades in the securities of a company that such research analyst covers. Additionally, CIBC World Markets

generally prohibits any research analyst from serving as an officer, director or advisory board member of a company that

such analyst covers.

In addition to 1% ownership positions in covered companies that are required to be specifically disclosed in this report,

CIBC World Markets may have a long position of less than 1% or a short position or deal as principal in the securities

discussed herein, related securities or in options, futures or other derivative instruments based thereon.

Recipients of this report are advised that any or all of the foregoing arrangements, as well as more specific disclosures

set forth below, may at times give rise to potential conflicts of interest.

Important Disclosure Footnotes for Mercator Minerals Ltd. (ML)

Mineral Park Finally Out Of The Woods, Expecting Further Improvements In Q3 - July 08, 2009

8

CIBC World Markets Inc. Price Chart

No rating history data found for Mercator Minerals Ltd.

Mineral Park Finally Out Of The Woods, Expecting Further Improvements In Q3 - July 08, 2009

9

CIBC World Markets Inc. Stock Rating System

Abbreviation Rating Description

Stock Ratings

SO Sector Outperformer Stock is expected to outperform the sector during the next 12-18 months.

SP Sector Performer Stock is expected to perform in line with the sector during the next 12-18 months.

SU Sector Underperformer Stock is expected to underperform the sector during the next 12-18 months.

NR Not Rated CIBC World Markets does not maintain an investment recommendation on the stock.

R Restricted CIBC World Markets is restricted*** from rating the stock.

Sector Weightings**

O Overweight Sector is expected to outperform the broader market averages.

M Market Weight Sector is expected to equal the performance of the broader market averages.

U Underweight Sector is expected to underperform the broader market averages.

NA None Sector rating is not applicable.

**Broader market averages refer to the S&P 500 in the U.S. and the S&P/TSX Composite in Canada.

"Speculative" indicates that an investment in this security involves a high amount of risk due to volatility and/or liquidity issues.

***Restricted due to a potential conflict of interest.

Ratings Distribution*: CIBC World Markets Inc. Coverage Universe

(as of 08 Jul 2009) Count Percent Inv. Banking Relationships Count Percent

Sector Outperformer (Buy) 113 37.4% Sector Outperformer (Buy) 103 91.2%

Sector Performer (Hold/Neutral) 148 49.0% Sector Performer (Hold/Neutral) 129 87.2%

Sector Underperformer (Sell) 29 9.6% Sector Underperformer (Sell) 19 65.5%

Restricted 11 3.6% Restricted 11 100.0%

Ratings Distribution: Metals & Minerals Coverage Universe

(as of 08 Jul 2009) Count Percent Inv. Banking Relationships Count Percent

Sector Outperformer (Buy) 4 57.1% Sector Outperformer (Buy) 2 50.0%

Sector Performer (Hold/Neutral) 3 42.9% Sector Performer (Hold/Neutral) 1 33.3%

Sector Underperformer (Sell) 0 0.0% Sector Underperformer (Sell) 0 0.0%

Restricted 0 0.0% Restricted 0 0.0%

Metals & Minerals Sector includes the following tickers: CS, GMO, ML, QUA, TCM, TKO, UEC.

*Although the investment recommendations within the three-tiered, relative stock rating system utilized by CIBC World Markets Inc.

do not correlate to buy, hold and sell recommendations, for the purposes of complying with NYSE and NASD rules, CIBC World

Markets Inc. has assigned buy ratings to securities rated Sector Outperformer, hold ratings to securities rated Sector Performer, and

sell ratings to securities rated Sector Underperformer without taking into consideration the analyst's sector weighting.

Important disclosures required by IIROC Rule 3400, including potential conflicts of interest information, our system for

rating investment opportunities and our dissemination policy can be obtained by visiting CIBC World Markets on the web

at http://researchcentral.cibcwm.com under 'Quick Links' or by writing to CIBC World Markets Inc., Brookfield Place, 161

Bay Street, 4th Floor, Toronto, Ontario M5J 2S8, Attention: Research Disclosures Request.

Mineral Park Finally Out Of The Woods, Expecting Further Improvements In Q3 - July 08, 2009

10

[neuflostein]

Andererseits vermutlich doch Manipulation seitens CIBC. Die waren für einen Grossteil des Volumens der letzten zwei Wochen zuständig, haben den Preis runtergeprügelt und kommen jetzt mit einem Sektor Outperform raus. Schon verdächtig

[Martin12345]

Antwort auf Beitrag Nr.: 37.546.295 von neuflostein am 10.07.09 09:32:27

In festen Händen sind die Shares wirklich nicht.

Hast Du dir eigentlich schon Taseko angesehen? Unglaublich gute Assets (z.B.:Prosperity mit 13 Mio Unzen Gold), wenig Schulden, gutes Management. MK 300 Mio.

Für mich ein Geheimtipp. Zumindest solange die Welt nicht untergeht.

Grüße
Martin

[neuflostein]

Antwort auf Beitrag Nr.: 37.548.368 von Martin12345 am 10.07.09 13:38:24

Habe gelesen, dass Taseko zu hohe Cashkosten hätte und ihre Projekte nur bei hohen Metallpreisen profitabel seien. Stimmt das?

[Martin12345]

Antwort auf Beitrag Nr.: 37.549.053 von neuflostein am 10.07.09 14:58:27

Letztes Jahr war es noch so. Nach einigen Verbesserungen und Einsparungen wurden die Kosten gesenkt.

Die Kosten pro lb Kupfer liegen bei ca. $1.19

Grüße
Martin

[neuflostein]

Antwort auf Beitrag Nr.: 37.549.208 von Martin12345 am 10.07.09 15:17:01

Danke für den Tip mit Taseko. Habe mir jetzt mal die letzte Präsentation angeguckt. Recht überzeugend. Wenn man den Kosten glauben kann, dann sind 120 Millionen Pfund Kupfer und 1mill. Moly nicht so übel. Das Hedgen des Kupfers bei inzwischen $2/lb gefällt mir auch recht gut, sollte ML auch auf jeden Fall machen.

Prosperity ist wohl eher (zumindest noch) ein Papiertiger. Probleme mit dem Abraum, Probleme mit den Natives, etc., das wird erstmal nichts. Aber bringt Phantasie in den ansonsten soliden Wert. Bei CAD 1,60 würde ich ein paar kaufen....

[Martin12345]

Antwort auf Beitrag Nr.: 37.549.430 von neuflostein am 10.07.09 15:38:16

Ich gehe schon davon aus, dass wir die 1,6 noch sehen werden. Ich hab eine Kauforder bei Cad 1,5.

Grüße
Martin

[the_artlove]

Antwort auf Beitrag Nr.: 37.546.295 von neuflostein am 10.07.09 09:32:27

Naja, ML hängt halt noch immer an der volatilität des CU preises.

die vorabzahlen von q2 sind ja nicht mal so schlecht, eigentlich ganz gut. nur leider wenig aussagekräftig.
hat denn jemand aussagekräftigere zahlen, oder müssen wir da das offizielle q2 filing abwarten.
kennt denn jemand den betrag der zinszahlungen die ende jun fällig war???
das würde mich interessieren.

mich würde u.a. interessieren, ob die 5.7 mio mit oder ohne die zinszahlungen sind?? wie hoch sind die cash kosten. sicher im moment wohl ca. <1.8 USD/pound.

[neuflostein]

Antwort auf Beitrag Nr.: 37.554.021 von the_artlove am 11.07.09 12:38:40

Es war das EBITDA, also sind die Zinsen (dürften ca. 3,5 Millionen pro Quartal sein) noch nicht drin. Chashkosten pro Pfund sind wohl noch nicht aussagekräftig, die Produktion muss ersteinmal vernünftig mit abgestimmten Einstellungen laufen.

Man sieht einmal mehr, dass das ganze ohne Phase II einfach keinen Wert hat. Wie sollen so 2012 120Mille zurückgezahlt werden?

[derogher]

Mercator Minerals Ltd. Obtains Consent of Noteholders for Early Repayment

http://finance.yahoo.com/news/Mercator-Minerals-Ltd-Obtains-…

[Videomart]

aus "Casey's Daily Resource"
July 16, 2009


Base Metals

Base metals posted big gains on Wednesday. Copper climbed 8.79 cents to close at $2.3742/lb. Nickel added more than 15 cents to finish at $7.1569/lb. Zinc gained a penny and three quarters, ending at $0.6811/lb. Aluminum tacked on more than 2 cents, closing at $0.7316/lb., while lead moved to $0.7325/lb., up two and one-third pennies from the previous session.

Bloomberg reported that copper prices jumped the most in five weeks as signs of stability in U.S. manufacturing bolstered prospects for the metal used in pipes and wiring.

Manufacturing in the New York region shrank this month at the slowest pace in more than a year, and the decline U.S. industrial production in June was the lowest in eight months, data showed yesterday. This year, copper has soared 70%, the most among major U.S. commodities, as imports surged in China, the world’s biggest metal buyer.

“The market is booming on expectations of better demand,” said Michael Pento, the chief economist at Delta Global Advisors Inc. in Holmdel, New Jersey. “The demand for the base metals has been driven by China and their stimulus efforts to boost consumption.

While we’re certainly long-term bullish on commodities, don’t be surprised if a short-term correction pulls copper below $2.00 per lb. in the coming weeks.

A separate report from Bloomberg notes that nickel open interest climbed to the highest level since at least 2005 as factories that make stainless steel ramp up production.

The total open interest was 98,672 contracts on July 10, the most since at least November 2005, according to Bloomberg data. European stainless steel makers have “entered a re- stocking phase,” driving demand higher in the second half of 2009, according to a J.P. Morgan report published on July 13.

“It is quite possible that the stainless steel mills are rushing into buy nickel now on the expectation that nickel prices are going to rise,” said David Wilson, an analyst at Societe Generale SA in London. “Everybody is expecting higher prices” next year, he said.”

In company specific news, Freeport-McMoRan Copper & Gold ordered its employees in Indonesia to stay home Wednesday after five days of attacks on the only road to the huge Grasberg copper-gold mine in Indonesia's Papua province have left three people dead and another nine wounded.

The Papua Council Presidium has called on the central government to form an independent team to investigate the shootings, which began Saturday, which have now killed an Australian contractor, a Freeport security guard, and a police officer, who was found dead at the bottom of a ravine Monday.

The police have accused Free Papua Organization (OPM) leader Kelley Kwalik of being the mastermind of the attacks. However, Indonesian Defense Minister Juwono Sudarsono suggested "rogue elements" in the military may be behind the unrest.

http://www.caseyresearch.com/displayDrp.php

[Martin12345]

Die Volatilität ist bei Mercator wirklich extrem. Im Nachhinein wäre es doch besser gewesen ins fallende Messer zu greifen und nachzukaufen. Aber egal, zum Glück kam der Rebound. Jetzt stellt sich wieder die Frage, wie lange man noch drinnen bleiben soll. Kursziele um die 2 Cad sind realistisch und momentan ist die Aktie sehr stark. Ich für meinen Teil bin wieder raus und hab das Geld in eine nicht so "nervenaufreibende" Aktie investiert. Mal sehen, ob die Entscheidung richtig war.

Viel Glück allen Investierten.

Grüße
Martin

[neuflostein]

Antwort auf Beitrag Nr.: 37.588.168 von Martin12345 am 16.07.09 20:11:30

Ich bleibe noch drin. Es kommt zwar bestimmt noch einmal ein kleiner Pullback, aber kurzfristig sind bestimmt noch einmal die CAD 2 drin. Habe leider nicht mehr nachgelegt und bin mit meiner Position jetzt bei +/- null.

[derogher]

Ryan's Notes Average: US$13.075/lb
As of July 17, 2009
(updated twice weekly)

http://www.thompsoncreekmetals.com/s/Home.asp

[neuflostein]

Moly zieht an, Kupfer schnellt auf 9-Monatshoch, alle Märkte sind im Rallymodus nur unsere ML will nicht so recht. Mal schauen, wies heute läuft. Ich erwarte nicht viel, es fehlt der Kaufdruck.

[Videomart]

Antwort auf Beitrag Nr.: 37.614.830 von neuflostein am 21.07.09 15:37:12

Tue Jul 21, 2009
Desjardins Securities Molybdenum Conference
Molybdenum is marvellous

The Fairmont Royal York, Toronto

http://www.rocamines.com/s/UpcomingEvents.asp?ReportID=3560…

[Videomart]

Current Metal Prices

China
Molybdenum concentrates Mo 45% +4.94%
Molybdenum roasted concentrates (oxide) min 57% +6.90%

Europe
Molybdenum Roasted Concentrates (Oxide) Mo 57% +10.51%

Updated:2009-07-21

http://www.metal-pages.com/

[neuflostein]

Sieht so aus, als ob mein Wiedereinstieg zwar etwas verfrüht aber dennoch goldrichtig war. Wenn Moly tatsächlich auf die $15-20 zumarschiert, mache ich mir um ML keine grossen Sorgen mehr.

Dazu kommt noch die Geschichte mit der Restrukturierung der Schulden. Ich könnte mir vorstellen, dass ML versucht, die 2012er 11% Notes durch längerlaufende und niedriger verzinste zu ersetzen. Ansonsten kann ich mir nicht erklären, weshalb sie die Erlaubnis der Noteholder zur frühzeitigen Rückzahlung eingeholt haben. Es sei denn, sie wollen sich als Takeover-Target ttraktiv machen (was ich mir nicht vorstellen kann....)

[derogher]

Ryan's Notes Average: US$14.50/lb
As of July 21, 2009
(updated twice weekly)

http://www.thompsoncreekmetals.com/s/Home.asp

[neuflostein]

Antwort auf Beitrag Nr.: 37.622.194 von derogher am 22.07.09 13:29:11

Es ist fast unheimlich, wie schnell Moly steigt. Vor allem auch, weil es keine Future Kontrakte auf Moly gibt und daher der Preis die Angebot-und Nachfragesituation widergibt.

[neuflostein]

Na bitte, Moly und Kupfer verursachen jetzt endlich den nötigen Kaufdruck!! Jetzt nur noch den Ausstieg gut timen....

[Martin12345]

Antwort auf Beitrag Nr.: 37.632.936 von neuflostein am 23.07.09 16:27:24

Unglaublich, wie die Indizes aufgeblasen werden. Normal sieht das nicht aus. Vor einigen Monaten erzählte man uns noch, dass überall das Geld knapp wäre.
Echt traurig. Die Vermögensumverteilung hat wohl funktioniert. Auf zu neuen Höchstständen.
Ich vermute jedoch, dass sich die Banken über den Aktienmarkt weiteres Geld holen. Siehe Hedgefond Goldman Sachs. Schnell rauf mit den Märkten und danach noch schneller runter, damit zum Schluss die Prämie stimmt.

Grüße
Martin

[neuflostein]

Könnte tatsächlich so ablaufen. Ich traue dem Ganzen nicht so recht. Erst wird alles raufgetrieben, dann geshortet bis zum geht nicht mehr. Daher trade ich meine Speku-Werte eher.

Dauerhaft kaufe ich derzeit nur Dividenden ETFs. Die bringen auch jetzt noch 4-5% Dividendenrendite, das sind reale Werte und Zahlen.

@Martin12345: Ich hätte deinen Tip mit Copper Mountain mal befolgen sollen, sind gut abgegangen. Glückwunsch!!

[Videomart]

Antwort auf Beitrag Nr.: 37.623.875 von neuflostein am 22.07.09 16:13:32

Es ist fast unheimlich, wie schnell Moly steigt.

Tja, als im letzten Herbst Kevin Loughrey diesen Rebound voraussagte, wollte ihm niemand so recht glauben...

[Martin12345]

Antwort auf Beitrag Nr.: 37.633.760 von neuflostein am 23.07.09 17:38:43

Keiner traut den Märkten und genau deswegen wird der Dow, Dax usw. weitersteigen.

Copper Mountain ist wirklich gut gelaufen, aber auch sehr viele andere Aktien. (Moly Werte gehen gerade durch die Decke.) Sollte sich der Molypreis stabilisieren, dann hat Mercator weiteres Potential. Ich würde sagen bei $20/lb wäre ein Kurs von 5 Cad sicherlich möglich.

Ich würde aber auch Taseko beobachten. Die Q2 Zahlen dürften interessant werden.

Grüße
Martin

[Videomart]

Antwort auf Beitrag Nr.: 37.623.875 von neuflostein am 22.07.09 16:13:32

Es ist fast unheimlich, wie schnell Moly steigt

...steigt aber weitaus langsamer, als es gefallen ist!
Schon vergessen?
Anfang November fiel der Molypreis innerhab von 2 Tagen (6+7.11.2009) von 26$ auf 12,50$,
das waren satte 52% minus...

[Videomart]

US copper ends a touch down, rally may continue
Fri Jul 24, 2009 3:38pm EDT

* Copper for September delivery HGU9 settled down 0.20 cent, or 0.08 percent, at $2.5220 a lb on the New York Mercantile Exchange's COMEX division.

* Range ran from $2.4895 to $2.5440, which marked a new high dating back to Oct. 7.

* Resistance eyed at $2.5930 and $2.6060 - chartists.

* COMEX's estimated futures volume at final trade was 14,873 lots IZQI. On Thursday, the exchange did a total business of 27,309 lots on an open interest at 120,765, exchange data showed. IATZ

* Traders had initially expected investors to take substantial profit from the market's rally to nine-month highs this week. That did not materialize when the dollar turned weak again on Friday, providing fresh support to prices.

* Improved euro zone services and manufacturing data, as well as a better-than-expected German sentiment survey which propped up global stock markets, bolstered sentiment further, traders said. [ID:nLO728431]

* But a weaker U.S. consumer confidence for late July, as indicated by a Reuters/University of Michigan consumer survey, tempered gains and set the stage for a mild consolidation. [ID:nN24449821]

* A raft of U.S. macroeconomic data due in the week ahead -- from fourth-quarter GDP to sales of new homes and durable goods -- will determine if the market can test the $2.75-lb psychological resistance, analysts said.

"Market tone is very positive right now for third quarter GDP to be positive and that's also giving a bullish tilt," said Michael Maniatis, market strategist at Chicago's LaSalle Futures Group.

* London Metal Exchange copper for three-months delivery MCU3 ended down $10 at $5,520 a tonne.

LME warehouse stocks of copper <LME/STX1> up 2,225 tonnes to stand at 273,950 tonnes on Thursday.

* COMEX copper stocks CMWSU slip 364 short tons to 56,971 short tons as of Wednesday.
(Reporting by Barani Krishnan; Editing by Marguerita Choy)


http://www.reuters.com/article/marketsNews/idAFN244808842009…

[Videomart]

aus
Casey's Daily Resource
July 25, 2009


Base Metals

Base metals were higher on Friday. Copper rose 0.26 cents to close at $2.4919/lb. Nickel gained nearly 23 cents to finish at $7.5266/lb. Zinc climbed almost one penny, ending at $0.7530/lb. Aluminum added a cent and a half, closing at $0.7957/lb., while lead moved to $0.7880/lb., up a penny and a half from the previous session.

Copper is up 3.5% this week and 7.8% since June 1, but an abrupt reversal could be just around the corner.

China’s copper imports are slowing after record purchases, likely ending an 81% price rally this year, according to Sumitomo Metal Mining Co., Japan’s second-largest smelter of the red metal.

“Excessive imports mean much of the purchased metal was just stored, raising the risk that they may sell it back to the market and depress prices,” said Koichi Kaku, general manager at Sumitomo. “Imports may have exceeded manufacturing demand by as much as 1.3 million metric tons in the first half,” he continued.

Still, a few folks remain bullish on copper’s short-term prospects. One such analyst is Jim Lennon with Macquarie in London, who recently told Reuters:

“From a stocking perspective China is not going to be as big a factor but actually from a real consumption perspective… it’s going to be a lot stronger. We don’t see an easing up in Chinese demand.”

Time will tell who is correct, but we’re betting on a short- to medium-term downward correction followed by a huge run-up when inflation kicks in.

http://www.caseyresearch.com/displayDrp.php

[neuflostein]

Bin am Freitag zur Hälfte rausgegangen. War vermutlich ein fehler. Kann mir eine Eröffnung bei CAD 2 vorstellen.

[brocklesnar]

Antwort auf Beitrag Nr.: 37.651.541 von neuflostein am 27.07.09 12:49:25

bin mal zu 1,25 rein hoffe eine gute Enscheidung

[neuflostein]

Antwort auf Beitrag Nr.: 37.653.535 von brocklesnar am 27.07.09 16:59:05

Langfristig bestimmt, kurzfristig könnte ML die nächsten Tage konsolidieren. Eine kleine Verschnaufpause wäre sowieso gesund. Fast alles hatte einen unglaublichen run die letzten Wochen. Deshalb hatte ich auch am Freitag die Hälfte rausgehauen. Hätte ich lieber heute machen sollen.

[Martin12345]

Antwort auf Beitrag Nr.: 37.653.725 von neuflostein am 27.07.09 17:21:51

Ärgere dich nicht, das kostet nur Nerven. Du gehörst zu den Gewinnern.
Es hätte auch anders kommen können und außerdem trifft man sowieso selten den richtigen Zeitpunkt.

Ich kann es nicht glauben, dass die Rezession schon wieder vorüber sein soll. IFO Index und was weiß ich deutet zumindest darauf hin. Ich bleib aber bei meiner These. Goldman Sachs und die anderen Verbrecherbanken werden für eine starke Volatilität sorgen, damit zum Schluss die Boni stimmt.

Grüße
Martin

[neuflostein]

Antwort auf Beitrag Nr.: 37.654.062 von Martin12345 am 27.07.09 18:06:48

Du hast völlig recht, wann trifft man schon den perfekten Zeitpunkt...

Ich glaube auch nicht, dass die Rezession schon vorbei ist. Der grosse Kater nach der Börsenparty der letzten Monate wird vermutlich noch kommen. Zumindest sehe ich derzeit noch nicht, woher der nächste grosse Aufschwung kommen soll. Häuser- und Arbeitsmarkt sind am Boden, Kredit-Deleveraging wird ersteinmal weitergehen, demnächst kommen dann die Steuererhöhungen um die Staatsschulden zu bedienen, teures Öl etc..

Also: Erstmal nichts mit Buy and Hold, lieber die wilden Rallies mitnehmen und viel in Liquidität bleiben.

[Coxos]

preise für moly und kupfer auf dem jetzigen niveau oder höher
dazu ausbau auf 50.000 t pro tag
die aussichten für ml sind momentan wieder sehr gut
mal schauen, was die weltwirtschaft und die preise -der für uns interessanten rohstoffe- so in den nächsten 12 monaten machen

[neuflostein]

Dazu kommt noch, dass laut ML auch bis zu 35.000tpd pro Ball Mill drin wären, wenn alles erstmal läuft. Nach oben ist alles offen, wenn denn Kupfer und vor allem Moly oben bleiben.

Wenn jetzt alle Analysten schreiben, dass Moly bald $20/lb kostet, dann kann es eigentlich nur wieder fallen. Diese Trottel nehmen doch immer nur ein Lineal und verlängern den aktuellen Trend linear. Eigentlich fast Satire, was die Jungs immer wieder auftischen...

[brocklesnar]

Antwort auf Beitrag Nr.: 37.662.271 von neuflostein am 28.07.09 17:03:48

hat jemanden einen RT-Chart aus Canada? wäre super

danke

[Martin12345]

Antwort auf Beitrag Nr.: 37.662.376 von brocklesnar am 28.07.09 17:12:09

[brocklesnar]

Antwort auf Beitrag Nr.: 37.662.721 von Martin12345 am 28.07.09 17:43:58

erstmal danke
scheint für alle Werte ein roter Tag zu werden

[neuflostein]

Mein Tip für die nächsten Tage: Ersteinmal seitwärts bis leicht hoch, demnächst dann der Sprung über CAD2. Würde mich überraschen, wenn es nochmal richtig gen süden gehen würde.

[neuflostein]

Unglaublich, was mit den Kupferfutures abgeht. Könnte sein, dass sich gerade der "perfekte Sturm" für ML zusammenbraut, der uns über die CAD2 katapultiert.

Auch wenn der derzeitige Kupferhype nicht von dauerhafter Natur ist, auf jeden Fall hilft er ML grade enorm. Zusammen mit dem ordentlichen Molypreis ermöglicht das ganze auf jeden Fall die Phase II expansion.

[Coxos]

moly 16,50

[Extrabreit]

US copper ends up at 10-mth peak on GDP, stocks
Fri Jul 31, 2009 3:07pm EDT

NEW YORK, July 31 (Reuters) - Copper settled up more than 2 percent at 10-month highs in New York on Friday as investors reacted to encouraging second-quarter trends in the U.S. economy and a run-up in Wall Street share prices.

For detailed report on global copper markets, click on [MET/L]

* Copper for September delivery HGU9 ends up 6.10 cents, or 2.4 percent, at $2.6250 a lb on the New York Mercantile Exchange's COMEX division.

* Trading range from $2.5455 to $2.6290 -- which marked a new high since Oct. 3.

* COMEX's estimated volume for all copper futures stood at 22,540 lots by 2:00 p.m EDT (1800 GMT) IZQI.

* Technically, there are few immediate stops for copper and the rally could continue unless economic and geopolitical conditions dictate otherwise -- traders.

* "Looking at the weekly charts, you really don't have a heck of a lot of resistance until you get up to almost $3.00. Technically, if it stays above $2.41, this market is in an uptrend." -- Charles Nedoss, senior account manager and metals analyst at Peak Trading Group in Chicago.

* The U.S. economy contracted at a slower-than-expected pace in the second quarter as the slump in business and residential investment moderated sharply, according to government data on Friday that backed views the recession was winding down. [ID:nN30365410]

* U.S. stocks edged higher on Friday, helped by the quarterly GDP data and an improving outlook for business activity in the U.S. Midwest in July. [.N]

* Copper for three-months delivery MCU3 on the London Metal Exchange closed up $118, or 2 percent, at $5,719 a tonne. During the session, it hit $5,747.75, its highest level since early October.

* LME copper inventories rose 2,825 tonnes to 280,875 tonnes, the highest since mid-June. Stocks of the red metal in LME registered warehouses have been on the rise since mid-July, reversing the trend of consistent falls seen earlier in the year.

* COMEX copper stocks CMWSU fell 476 short tons to 55,196 short tons as of Thursday. (Reporting by Barani Krishnan)

[neuflostein]

Was gerade mit den Kupferfutures passiert, ist einfach nur noch wahnsinn!! Wir sind doch nicht inmitten eines weltweiten Wirtschaftsbooms.

Der Preis steigt, weil er steigt. Wohin das führt, hat man ja beim Rohöl ganz gut sehen können. Der Weg zu $3/lb ist frei.....

[Extrabreit]

Antwort auf Beitrag Nr.: 37.387.940 von Videomart am 13.06.09 23:47:49

Meiner Meinung nach ist Kupfer bei etwa 2,50$ am Ende der Fahnenstange für dieses Jahr.
Molybdän hat dagegen noch mehr Aufholpotenzial...

ja Videomart, die 2,50 sind erreicht , schaun mer mal ob meins auch erreicht wird.

[neuflostein]

Bin mal gespannt, wie sich unsere ML heute so schlägt. Der Gesamtmarkt sollte jetzt langsam mal etwas korrigieren, mal schauen, ob ML sich halten kann oder sogar anzieht...

[Martin12345]

Antwort auf Beitrag Nr.: 37.707.795 von neuflostein am 04.08.09 15:39:20

Normalerweise müsste Mercator outperformen. Bei diesem Kupfer und Molypreis wird der Gewinn massiv ausfallen.
Der TSX ist heute bei 11000 Punkten abgeprallt. Ich gehe auch davon aus, dass es zu Gewinnmitnahmen kommen wird.

Die Rohstoffpreise kennen nur noch eine Richtung. Ich weiß nicht, aber wenn das so weiter geht, dann kommt die Inflation schneller zurück, als so manche gedacht haben.

Grüße
Martin

[Martin12345]

Man sorgt dafür, dass der Trend nicht zerstört wird. Das Spiel geht weiter.

Grüße
Martin

[neuflostein]

Antwort auf Beitrag Nr.: 37.710.596 von Martin12345 am 04.08.09 20:59:24

Ich finde es auch merkwürdig, dass ML nicht weiter anzieht. Grade mal 300 mill CAD Marketcap bei einem möglichen Cashflow von 200 Millionen CAD ab 2011. Mind. 25 Jahre life of mine, stabile Region etc....

Selbst eine Schrottbude wie Crowflight ist mit 120Millionen oder so bewertet und die verbrennen einfach nur Geld und finden nicht mal genug Nickel.

Ich könnte mir vorstellen, dass viele Anleger den explodierenden Preisen für Metalle noch nicht wirklich über den Weg trauen. Mir geht es zumindest so, und ich denke, dass andere auch noch vorsichtig sind.

[Martin12345]

Antwort auf Beitrag Nr.: 37.712.697 von neuflostein am 05.08.09 09:24:39

Unglaublich! Vor einem halben Jahr war Mercator ein Pleitekandidat. Heute ist Mercator bei den derzeitigen Rohstoff Preisen eine Cashcow.

Grüße
Martin

[Radikalinsky]

Antwort auf Beitrag Nr.: 37.712.697 von neuflostein am 05.08.09 09:24:39

Ich finde es merkwürdig, daß ML seit Mittwoch bei großem Volumen stark angezogen hat und es gibt keinen mir ersichtlichen Grund.



Vielleicht noch der gestiegene Molybdän-Preis, der hat am 4.8. einen netten Sprung nach oben gemacht.

[Vinyard]

Antwort auf Beitrag Nr.: 37.712.697 von neuflostein am 05.08.09 09:24:39

200 Cash Flow; das musst du mir jetzt aber mal vorrechnen.....

[Videomart]

Baltic Dry Index Has Worst Week Since October as Demand Slows

By Alaric Nightingale

Aug. 7 (Bloomberg) -- The Baltic Dry Index, a measure of shipping costs for commodities, had its worst week since October as Chinese demand for shipments of coal and iron ore slowed.

The index tracking transportation costs on international trade routes today slid 135 points, or 4.6 percent, to 2,772 points, according to the Baltic Exchange. That took its weekly drop to 17 percent, the most since the end of October.

“The Chinese have backed off and it’s starting to show in the number of shipments this month,” Gavin Durrell, a Cape Town-based official at Island View Shipping SA, Africa’s biggest commodities shipping line, said by phone today. “Iron ore and coal seem to be slowing down.”

China’s record coal and iron ore imports in the first half helped the index to advance as much as fivefold this year, reversing some of the record 92 percent collapse in 2008. Demand rose after the country’s government announced a 4 trillion yuan ($586 billion) stimulus package.

Daily rental rates for every class of ship tracked by the bourse declined today, led by a 5.6 percent slump to $20,880 for panamaxes, ships designed to navigate the Panama Canal.

Capesizes, ships most commonly used to haul about 170,000 metric tons of iron ore around South Africa’s Cape of Good Hope or Chile’s Cape Horn, lost 5.2 percent to $45,428 a day. Smaller supramaxes fell 5 percent to $19,242 a day and handysize ships lost 2 percent to $12,051 a day.

Chinese Steelmakers

Rates are declining as Chinese steelmakers delay imports while they negotiate annual iron ore prices with producers such as Rio Tinto Group, BHP Billiton Ltd. and Vale SA, Durrell said. “I don’t think they will come back until they agree,” he said.

The drop reflects a wider slide in demand for raw materials that will likely push prices for metals, commodities and energy lower, Eugen Weinberg, a senior commodity analyst at Commerzbank AG in Frankfurt, said by phone yesterday.

The Baltic Dry Index has slumped 35 percent from this year’s high on June 3. The Standard & Poor’s GSCI Index of 24 commodities has climbed 7 percent over the same period.

Derivatives betting on the Baltic Exchange’s future assessments fell for a third day, indicating the declining spot market is causing traders’ future expectations to deteriorate.

October-to-December forward freight agreements, or FFAs, for capesizes lost 4.7 percent to $36,750 a day, according to prices from Imarex ASA, a broker of the accords. That implies traders expect the market to drop 19 percent by year-end.

Panamax contracts fell 1 percent to $17,625 a day, implying a 16 percent decline.

To contact the reporter on this story: Alaric Nightingale in London at [e-mail]

Last Updated: August 7, 2009 10:03 EDT

http://www.bloomberg.com/apps/news?pid=20601087&sid=aOkYkh3C…

[Videomart]

Commodities : August 7, 2009 : Mailbag Friday
Moly & Base Metals [08-07-09 11:50 AM]
BNN chats with Stefan Ioannou, mining analyst, Haywood Securities
http://watch.bnn.ca/commodities/august-2009/commodities-augu…
(über Mercator ab Minute 3:05)

[AcrossAsia]

Antwort auf Beitrag Nr.: 37.740.154 von Videomart am 09.08.09 15:37:52

@ Videomart:

danke für Deine guten Beiträge.

Grüsse

AcrossAsia

[Videomart]

Friday 7 August 2009
Chinese ferro-molybdenum prices see daily surges

BEIJING (Metal-Pages) 7-Aug-09. The price surge in China’s molybdenum market appears to be unstoppable, driven by a mixture of tight fundamentals and market speculation.

“Producers of ferro-molybdenum have been increasing their offer prices on a daily basis by Rmb5,000-10,000/tonne,” said a noble alloy trader.

The noble alloy, which is mainly used in production of specialty steels, is being offered at Rmb 185000-195000/tonne ($45.21-47.65/kg before 20% export tax), while business was reportedly done at a much lower range of Rmb 170000-175000/tonne on Wednesday.

Locally produced molybdenum concentrate are being offered as high as Rmb 2600-2650/mtu ($17.29-17.63/lb Mo), increasing more than 40% as compared to Rmb 1850-1900/tonne seen a month ago.

Meanwhile, European ferro-molybdenum prices have continued to rise though not at the same pace, as somewhat unseasonal demand drives the market, with duty paid material rising $ 1 to $ 43-44/kg on Thursday.
...
http://www.metal-pages.com/news/story/41313



Molybdenum Roasted Concentrates (Oxide) Mo 57%
2009-08-06 - Market: European Union - Change: +0.00%




Molybdenum Roasted Concentrates (oxide) min 57%
2009-08-06 - Market: China - Change: +7.08%




Molybdenum Concentrates Mo 45%
2009-08-06 - Market: China - Change: +5.77%



http://www.metal-pages.com/metalprices/molybdenum/

[pedy5]

... das geht ja heute ganr schön ab! .... ???

[Schorsch°]

Hallo, kann mal bitte jemand den Teil der BNN-Sendung über ROCA und MERCATOR übersetzten. Vielen Dank!!

Bei dem Molypreis hat Mercator bestimmt noch viel Luft.....war ja mal bei 12E!

[Sharedealer]

Antwort auf Beitrag Nr.: 37.743.303 von Schorsch° am 10.08.09 11:41:24

Ja aber haben verwässert, insofern muss man die Erwartung so
um 30-40 % zurück schrauben, aber ist dann ja immer noch genug Luft
nach oben :-)

[Videomart]

Antwort auf Beitrag Nr.: 37.743.303 von Schorsch° am 10.08.09 11:41:24

Mercator ist in erster Linie Kupferproduzent und folgte daher auch eher der Tendenz des Kupferfsektors gestern.
Stefan Ioannou erwähnte bei BNN die Schuldenlast von ML, sagte jedoch, dass zum Schuldenabbau bei den aktuellen Rohstoffpreisen gute Voraussetzungen gegeben seien...

[neuflostein]

Antwort auf Beitrag Nr.: 37.750.399 von Videomart am 11.08.09 01:18:07

Umsatz nach Phase II:

für Moly (bei $20/lb): 200Millionen
für CU (bei $3/lb): 165 Millionen


Ist also recht ausgeglichen.

[Videomart]

MBMOEUOX:IND Mo Drummed Molydbic Oxide EU
Updated: New York, Aug 12, 09:45
Currency: USD

Value: 18.50
Change: +0.500 / +2.778%


http://www.bloomberg.com/apps/quote?ticker=MBMOEUOX%3AIND

[Martin12345]

Jennings Capital August 12, 2009

Recommendation: SPECULATIVE BUY
12-Month Target: C$3.10

Our revised copper and molybdenum price forecasts result in materially higher estimates for EPS and CFPS. Consequently, we are raising our 12-month target price to C$3.10 per share (see page 2).

Mercator previously announced that second quarter production reached 9.0 million lbs of copper and 0.42 million lbs of molybdenum.

Q2/09 represents the first full quarter of commercial production from the new sulphide operation. The Company reports that it generated EBITDA (unaudited) of over US$5.7 million, exceeding the US$3.45 million test under the Cash Sweep provision of its Senior Secured Notes.

Based on our modelling, to generate US$5.7 million in EBITDA suggests an operating cost (mining, milling and site G&A) in the area of US$5.75 per ton milled, well below our previous operating cost expectation for the quarter of US$7.80 per ton milled. This improvement implies co-product cash costs from the sulphide operation in the area of US$1.55 per lb copper and US$7.15 per lb molybdenum. We await the full financials, to be reported on or about August 14, to assess the impact of the SX/EW operations, capitalized items, realized metal prices, inventory, copper price settlement adjustments and other items.

Copper recoveries continue to improve as the new plant is fine tuned, increasing to 77% in late June, from

Molybdenum recoveries are approaching targets, improving to 69% in late June, up from 42% in March and finally closing in on the target of 72%.

Using our price deck (page 2), we expect Mercator to report a slight loss in Q2/09 of US$0.11 million, or a loss of US$0.00 per share, and positive operating cash flow (before non-cash working capital changes) of US$0.02 per share. EPS and CFPS growth are projected for Q3/09 and Q4/09, as improving metal production coincides with strengthening metal prices.
Based on our revised metal prices and exchange rate forecast, our new 12-month target is now C$3.10 per share, up from C$2.20 per share. Our SPECULATIVE BUY recommendation remains unchanged.

[pedy5]

drüben gehen da ganz schöne Blöcke über den Tisch!!

[Videomart]

Das Ding platzt aus allen Nähten!!
Wenn ich an die Schwarzmaler hier im Thread denke, könnte ich das Kotzen kriegen...

[sorby]

Antwort auf Beitrag Nr.: 37.774.538 von Videomart am 13.08.09 16:44:20

Die Rohstoffe kommen schon seit einiger Zeit wieder, das ist m.E. auch ein Zeichen, dass wir hier durch das Gröbste durch sind.

[Martin12345]

Antwort auf Beitrag Nr.: 37.774.538 von Videomart am 13.08.09 16:44:20

Früher waren aber die Fundamentaldaten um einiges schlechter, somit waren auch die Aussichten nicht ganz so rosig wie derzeit.
Das kann sich aber auch schnell wieder zum Negativen ändern.

Grüße
Martin

[Martin12345]

Antwort auf Beitrag Nr.: 37.774.641 von Martin12345 am 13.08.09 16:52:56

Alle Rohstoffe haussieren gewaltig heute. Zuwächse von 2-5%. Das geht einfach zu schnell. Übertreibungen werden entweder mit einem massiven Rücksetzer oder einer sehr langen Konsoliderung quittiert.


Grüße
Martin

[sorby]

Antwort auf Beitrag Nr.: 37.774.749 von Martin12345 am 13.08.09 17:01:08

Der Rücksetzer war im Juni. Jetzt geht es wieder langsam aber stetig aufwärts. Des weiteren scheint in der Industrie die Talsohle (nicht die Folgen der Rezession) durchschritten zu sein.

[Martin12345]

Antwort auf Beitrag Nr.: 37.774.860 von sorby am 13.08.09 17:09:23

Es wird noch viel schlimmer werden. Wir haben keine Wirtschaftskrise sondern eine Systemkrise.

Jedoch nur meine Meinung.

Grüße
Martin

[Martin12345]

Antwort auf Beitrag Nr.: 37.774.538 von Videomart am 13.08.09 16:44:20

Mich würde deine Einschätzung interessieren. Einsteigen, Halten oder Verkaufen?

[Videomart]

Antwort auf Beitrag Nr.: 37.774.945 von Martin12345 am 13.08.09 17:15:14

Ich bin schon vor Längerem ausgestiegen.
Wenn Kupferpreis und Molypreis nicht wieder fallen, ist hier noch einiges zu erwarten.
Ich weiß allerdings nicht, inwieweit Übernahmephantasien bereits im Kurs enthalten sind.
Wahrscheinlich würde ich weiter halten, jedoch mit (gedachtem) StopLoss.

Blackmont hat ein Kursziel von 2,80C$ für Mercator ausgegeben...

http://www.finanznachrichten.de/nachrichten-2009-07/14575807…

[neuflostein]

Bin auch heute raus. Von 89 cent bis hierhin fast 100% Gewinn. Schön. Traue der ganzen Wirtschaftserholung nicht.

[Videomart]

Antwort auf Beitrag Nr.: 37.776.804 von neuflostein am 13.08.09 20:28:39

Squeezing the Shorts: Energy and Materials

By Fred Fuld

Posted on Aug. 12, 2009

The bulls aren't the only ones responsible for big up moves in the market. Sometimes the bears pitch in to do their part, too. According to Jim Cramer, short-sellers were at least partly to blame for a recent huge move in the market, particularly in the energy and materials sectors. "We've got a real squeeze going here, a gigantic one," he wrote in a July 15 post to his RealMoney blog. "In other words, it isn't just buying -- it's short-covering."

A short squeeze takes place when short-sellers quickly buy in shares of the stock, often on unexpected good news, in order to close out their positions, driving the price of the stock up sharply. Stockpickr has several resources for researching short squeezes, including its Answers forum, where Stockpickr members can ask and answer questions and where experts such as Scott Rothbort check in regularly to offer their insight. The Professional Portfolios are another useful tool, listing the shareholdings of mutual funds, hedge funds and money managers and giving investors the opportunity to see what stocks are owned by the pros.

...
http://www.stockpickr.com/problog/1901/

[derogher]

Antwort auf Beitrag Nr.: 37.776.882 von Videomart am 13.08.09 20:36:58

Mercator Reports Second Quarter Results and Provides Operations Update

* Press Release
* Source: Mercator Minerals Ltd.
* On Monday August 17, 2009, 8:30 am EDT



(Stated in US Dollars unless otherwise indicated)
TRADING SYMBOL: TSX - ML
VANCOUVER, Aug. 17 /CNW/ - Mercator Minerals Ltd. ("Mercator" or the "Company") reports its results for the three and six month period ended June 30, 2009. This release should be read with the Company's unaudited financial statements and management discussion and analysis available on the Company's website and filed on SEDAR under the Company's issuer profile.

Excluding non-cash items for accretion, amortization and stock based compensation, the Company recorded adjusted earnings(x) of $1.4 million during the quarter ended June 30, 2009, compared to a loss of $4.9 million during the corresponding period in 2008. After the accrual for interest and interest payments of $3.64 million and $5.81 million in non-cash items (including accretion, amortization and stock based compensation), the Company recorded a net loss of $4.4 million or $0.04 per share compared to a loss of $6.47 million or $0.09 per share for the corresponding period in 2008. For the second quarter of 2009, the Company recorded production of 9,081,901 pounds of copper (comprised of 7,867,241 pounds of copper in concentrates and 1,224,467 pounds of copper as cathode), 418,987 pounds of molybdenum and 56,441 ounces of silver during quarter ended June 30, 2009, compared to 3,179,998 pounds of cathode copper in the quarter ended June 30, 2008.

"The second quarter of 2009 marked a significant milestone in the Company's production growth, with the first full quarter of concentrate production from the newly constructed mill at our Mineral Park Mine in Arizona," said Michael L. Surratt, President and CEO. "We continue to ramp up production levels and, with strengthening commodity prices, we expect the third quarter of 2009 to be an even better one for the Mineral Park Mine and for Mercator. In July, production at Mineral Park comprised 3.2 million pounds of copper (in concentrate and as cathodes), 188,000 pounds of molybdenum in concentrate and 22,605 ounces of silver in concentrate," Mr. Surratt added.

Financial Highlights for the Three Months ended June 30, 2009

- Net loss for the three month period ended June 30, 2009 of
$4.40 million ($0.04 loss per share) compared to a net loss of
$6.48 million ($0.09 loss per share) for the corresponding period in
2008.

- Excluding non-cash items for accretion, amortization and stock based
compensation, the Company recorded adjusted earnings(x) of
$1.4 million during the quarter ended June 30, 2009, compared to an
adjusted loss(x) of $4.9 million during the corresponding period in
2008;

- Revenues from cathode copper and copper concentrate, sales molybdenum
and silver for the three month period ended June 30, 2009 of
$21.25 million compared to $11.22 million for the corresponding period
in 2008;

- Production of 9,081,901 pounds of copper (comprised of 7,867,241
pounds of copper in concentrates and 1,224,467 pounds of copper as
cathodes), 418,987 pounds of molybdenum and 56,441 ounces of silver
during quarter ended June 30, 2009. This compares to copper
production, all as cathodes, of 3,179,998 pounds in the quarter ended
June 30, 2008;

- Financing completed during the period raised gross proceeds of
$34.62 million;


All financial information contained herein should be read in conjunction with the Company's Management Discussion and Analysis and unaudited financial statements for the period ended March 31, 2009 and the Management Discussion and Analysis and Audited consolidated financial statements for the years ended December 31, 2008 and 2007 and related notes thereto available under the Company's profile on www.sedar.com.

Mercator Minerals Ltd.

Mercator Minerals Ltd. is a TSX listed mining company with an experienced management team that has brought the mill expansion at the Mineral Park Mine, one of the largest and most modern copper-moly mining-milling operations in North America to production in less than 2 years. Mercator management is dedicated to maximizing profits by making its Mineral Park Mine one of the lowest cost operations in the industry.

http://finance.yahoo.com/news/Mercator-Reports-Second-cnw-18…

[Videomart]

MBMOEUOX:IND Mo Drummed Molybdic Oxide EU
Updated: New York, Aug 19, 09:17
Currency: USD

Value: 18.15
Change: -0.350 / -1.892%



http://www.bloomberg.com/apps/quote?ticker=MBMOEUOX%3AIND

[Videomart]

[Videomart]

Mercator Minerals: takeover target?
8/26/2009 1:49:29 PM | Buzz on the Boards

Posters weigh in on rumours involving the company and a molybdenum producer

Shares of Mercator Minerals(TSX: T.ML, Stock Forum) jumped 10.6% to $2.81 with more than 10 million shares traded Wednesday, as posters weighed in on takeover rumours involving the company.

While Mercator released no news on Wednesday, an article from the National Post mentioned the company, as it noted that molybdenum producer Thompson Creek Metals (TSX: T.TCM, Stock Forum) announced a $217 million bought-deal financing on Tuesday worth $217-million with plans to use the cash for development and expansion of existing mining assets, exploration, acquisitions, working capital, and general corporate purposes.

“Good matches for the company include Mercator Minerals or a team-up with Quadra Mining on its large Sierra Gorda project in Chile,” said the article.

On the Mercator Bullboard Wednesday, Birpind1 said: “TCM has stated they are looking for an acquisition and looking for a company with copper production.”

And, intowin said: “Strong rumor today of a TCM takeover. I'll sit and enjoy the ride”

In a post entitled “Merger Talk”, bjorn3d2b posted information from the National Post article, to which knowsnothing613 replied: “whoa. no wonder the sp spiked, and is going higher. I wish I would have known this before putting in my short order. Oh well, I covered. fyi. I also think MOL might be a TCM target due to its Moly/Copper reserves, and proximity to Asian markets. Though it still requires about ~200 million in Capex, and has 150million of debt due in October. we will see how it all plays out.”

Meanwhile, early Wednesday on the Thompson Creek Metals Bullboard, bmann025 said: “taking over ML would make a lot of sense. at current copper prices and with 500 mio $ they can do what ML currently can't do : hedge the copper production and let ML earnings pay back the acquisition price in just a couple of years and then profit for decades from ML's cash machine.”



http://www.stockhouse.com/Community-News/2009/Aug/26/Mercato…

[allesaufblau]

Mercator Minerals Ltd. announces $70 million "bought deal" financing

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES/

VANCOUVER, Aug. 27 /CNW/ - Mercator Minerals Ltd. (the "Company") (TSX -
"ML") is pleased to announce that it has entered into an agreement with a
syndicate of underwriters (the "Underwriters") co-led by Jennings Capital Inc.
and Scotia Capital Inc, and including Blackmont Capital Inc., Haywood
Securities Inc. and Acumen Capital Finance Partners Ltd., which have agreed to
purchase, on a bought deal basis 26,923,077 common shares of the Company at a
purchase price of $2.60 per common share, for aggregate gross proceeds of $70
million (the "Offering"). The Underwriters will also have an option,
exercisable for a period of 30 days following the closing date of the
Offering, to purchase up to an additional 4,038,461 common shares for
additional gross proceeds of up to $10.5 million.
The Offering is scheduled to close on or about September 17, 2009 and is
subject to certain conditions including but not limited to, the receipt of all
necessary approvals including the approval of the Toronto Stock Exchange and
the securities regulatory authorities.
The common shares to be issued under this offering will be offered by way
of a short form prospectus in British Columbia, Alberta, Saskatchewan,
Manitoba, Ontario and Nova Scotia in Canada and in the United States on a
private placement basis pursuant to an exemption from the registration
requirements of the United States Securities Act of 1933, as amended.
The Company intends to use the net proceeds of the prospectus offering to
advance the Phase II expansion of the Mineral Park Project and for working
capital purposes.

Mercator Minerals Ltd.

[Coxos]

cu fast bei 3
zukunft
cu 3
moly 17-20
volle produktion
das sieht nicht schlecht aus

[stucki199]

Hallo,
hat für mich jemand einen RT - Link für Canada?
Danke im Voraus

[dosto]

Antwort auf Beitrag Nr.: 37.871.731 von Coxos am 28.08.09 12:04:28

Verkauft
Mercator alles am Spot-Markt ?

[Videomart]

Antwort auf Beitrag Nr.: 37.873.297 von dosto am 28.08.09 15:13:19

Doktor Allwissend bekommt keine Antwort!
Der Ärmste...

[Extrabreit]

2009-09-17 10:33 ET - News Release

Mr. Michael Surratt reports

MERCATOR MINERALS LTD. COMPLETES BOUGHT DEAL FINANCING

Mercator Minerals has closed the bought-deal offering of its common shares as previously announced in Stockwatch. The underwriters co-led by Jennings Capital Inc. and Scotia Capital Inc., and including Blackmont Capital Inc., Haywood Securities Inc. and Acumen Capital Finance Partners Ltd., chose to exercise their overallotment option in full, resulting in a total of 30,961,538 common shares being issued by Mercator Minerals for gross proceeds of $80.5-million.

Mercator will use the net proceeds of the prospectus offering to advance stage 2 of its Mineral Park project's phase 4 expansion, and as working capital.

We seek Safe Harbor.

[Extrabreit]

Antwort auf Beitrag Nr.: 37.873.255 von stucki199 am 28.08.09 15:08:20

[Extrabreit]

Antwort auf Beitrag Nr.: 38.015.421 von Extrabreit am 19.09.09 14:15:07

seit April im Aufwärtstrend mit einer Unterstützung bei 2,5 CanD

letztes Jahr noch kurz vorm Bankrott, inzwischen 3 PP zu immer weiter ansteigenden Kursen.
MIt dem letzten PP dürfte sich die finanzielle Situation deutlich entspannen und Phase II im nächsten Frühjahr zum Abschluss kommen.

Allerdings hat sich die künftige Aktienanzahl damit weit mehr als verdoppelt und mein Kursziel damit leider auch halbiert.

da die Investoren aktuell kräftig Geld in ML reingepumpt haben, rechne ich noch mit einer Überraschung.

anschließend werde ich mich wahrscheinlich vom Großteil meiner Aktien trennen.

[Videomart]

22.09.2009 11:11

RBC Capital: Weiterhin solide Aussichten für Industriemetallpreise

Rohstoffe-Go - Stuttgart (www.rohstoffe-go.de)

Ist der Rebound, den die Basismetallpreise seit Ende des vergangenen Jahres hingelegt haben übertrieben? Die Experten streiten sich noch, doch zumindest die Analysten von RBC Capital Markets sind vergleichsweise positiv gestimmt, was die langfristigen Aussichten der meisten Metalle angeht. In einer aktuellen Studie haben sie ihre Ansichten zu den einzelnen Metallen dargelegt.

So sind die RBC-Experten der Ansicht, dass das Abwärtsrisiko für den Aluminiumpreis begrenzt ist, da der aktuelle Spotpreis in Bezug zu den Lagerbeständen (in Wochen von Verbrauch) sehr niedrig sei. Wieder ansteigende Lagerbestände und höhere Produktionskapazitäten könnten allerdings einem möglichen Preisanstieg ebenfalls Grenzen setzen. Langfristig sehen die Analysten hier ein Preisziel von 0,90 US-Dollar pro Pfund.

Für den Kupferpreis erwartet RBC auf Grund steigender, weltweiter Lagerbestände kurzfristig zunächst Abwärtsdruck. Doch schon im kommenden Jahr sollte der Kupfermarkt ihrer Ansicht nach ins Defizit rutschen und die Lagerbestände unter ein kritisches Niveau fallen. Die RBC-Experten gehen davon aus, dass ein Pfund Kupfer 2012 3,00 US-Dollar kosten wird und der Preis 2013 auf 3,25 US-Dollar je Pfund steigen wird. Dennoch liegt der von ihnen geschätzte langfristige Preis bei relativ moderaten 1,75 Dollar pro Pfund.

Auch für den Molybdänpreis rechnet RBC Capital kurzfristig (auf Sicht der nächsten drei bis sechs Monate) mit Abwärtsrisiken. Ihrer Meinung nach wird der Molybdänpreis nach dem drastischen Anstieg im laufenden Jahr zunächst weiter korrigieren. Doch da insbesondere China seine Molybdän-Käufe weiter fortsetzen will, sollte der Preis für dieses Spezialmetall 2010 und 2011 einen „dramatischen“ Rebound erfahren, wenn die Nachfrage wieder anzieht. Langfristig prognostiziert RBC einen Moly-Preis von 11,00 US-Dollar je Pfund.

Weniger positiv sieht RBC hingegen die Entwicklung bei Nickel. Kurzfristig sollten Probleme mit der Arbeiterschaft in Sudbury den Preis stützen. Doch angesichts der hohen Lagerbestände, sind die Experten der Meinung, dass diese Rallye nicht nachhaltig verlaufen wird – außer die Nachfrage außerhalb Chinas ziehe merklich an. Sie erwarten, dass der Nickelpreis im vierten Quartal fallen wird und über wenig Aufwärtspotenzial verfügt, da nach und nach stillgelegte Produktionskapazitäten wieder in Betrieb gehen würden. Langfristig rechnet RBC mit einem Nickelpreis von 7,50 US-Dollar je Pfund.

Beim Zinkpreis hält RBC kurzfristigen Abwärtsdruck auf Grund technischer Faktoren für wahrscheinlich. Eine Verknappung des Angebots aus der Minenproduktion sollte aber den Markt in den nächsten Jahren stützen. Das langfristige Preisziel liegt bei 0,90 US-Dollar pro Pfund.

http://www.finanzen.net/nachricht/rohstoffe/Rohstoffe-Go-RBC…

[Extrabreit]

Antwort auf Beitrag Nr.: 38.032.690 von Videomart am 22.09.09 18:09:53

wenn man die Meinung dieses Artikels zugrunde legt, scheint ein Molyproduzent mit Kupferanteil langfristig die bessere Wahl zu sein.

schaun mer mal

[Coxos]

Mercator Minerals Ltd (TSX –ML) and Stingray Copper Inc. (TSX–SRY) are pleased to announce joint execution of a binding agreement to complete a businesscombination (the “Transaction”), by way of a plan of arrangement or other form of businesscombination. Under the agreement, Mercator will acquire all of the issued and outstanding shares of
Stingray at an agreed exchange ratio of 0.25 Mercator shares per Stingray share. This represents a51.6% premium to Stingray shareholders based on the closing price of both companies as of October 1,2009 and a 71.4% premium to Stingray shareholders based on the 20-day volume weighted averageshare price (“VWAP”) of both companies. The Transaction is expected to close before the end of theyear and, upon closing, Stingray shareholders will hold approximately 8% of the combined company.The boards of directors of Mercator and Stingray have unanimously approved the terms of theTransaction.The board and management structure of the combined company will draw on the expertise of both
companies and the combined board will comprise the current Mercator directors and two nominees ofStingray - Peter Mordaunt and Joseph Keane. Michael Surratt, current President and CEO of Mercatorwill remain CEO of the combined company and Peter Mordaunt, current CEO and Chairman ofStingray will become President and COO of the combined company.
Michael Surratt, President and CEO of Mercator stated, “This transaction will substantially increaseMercator’s leverage to copper and represents a robust development opportunity for shareholders,subsequent to the completion of the Mineral Park Phase II expansion at the end of 2010”.Peter Mordaunt, CEO and Chairman of Stingray stated, “This business combination will improveaccess to capital markets and financing alternatives for the El Pilar Project. Stingray Shareholders arereceiving an attractive premium and will participate in the development of Mercator’s Mineral Park.”
Mercator and Stingray believe the Transaction will provide significant benefits for both companies’
shareholders.
Mercator’s shareholders will gain exposure to: Stingray’s El Pilar project adds a low cash cost and near-term cathode copper producing asset
with manageable CAPEX
- Increases Mercator’s leverage to copper
- Additional annual copper production of approximately 70 million pounds per year
starting in 2012 Provides asset diversification, increasing Mercator’s planned production and lowering long
term cash costs 112% increase (1.5 billion lbs) in copper reserves acquired at less than US$0.02/lb
- Potential for expansion with oxide deposit open along strike and to the south Access to a fully dedicated technical and operating team with extensive knowledge of SX/EW
process
- Team in place to build El Pilar and assist with Mineral Park Geographic synergies given proximity of Mineral Park, in Arizona, to El Pilar in northern
Mexico Fills project development gap with the completion of Mineral Park Phase II expansion
coinciding with El Pilar construction start Highly accretive on all valuation and operating metrics
Benefits to Stingray’s shareholders include: Significant premium of 52% offered to Stingray shareholders based on October 1, 2009 closing
share price Transition from a development stage company to a high growth profile producer, garnering
improved valuation multiples Offers a partner with the ability to finance El Pilar through a combination of internally
generated cash flow, debt and equity Enhanced commodity exposure and participation in recovering molybdenum prices Enhanced liquidity, capital markets profile and research coverage Geographic synergies given proximity of Mineral Park, in Arizona, to El Pilar in northern Mexico Accretive to Stingray relative to current financing options
Transaction Details
Mercator and Stingray anticipate the business combination will be completed by way of statutory plan
of arrangement whereby Mercator would acquire all of the issued and outstanding shares of Stingray in
consideration for the issue of Mercator shares on the basis of 0.25 Mercator shares for one Stingray
share.
The Transaction would be subject to certain standard conditions including that not less than 66 % of
the issued and outstanding shares of Stingray being voted at a shareholders meeting being in favour of
the transaction.
The Board of Directors of both Stingray and Mercator unanimously support the proposed Transaction.
Stingray Management and directors have entered into lock up agreements to support the transaction
comprising approximately 6% of Stingray’s outstanding shares. Mercator has entered into lock up
agreements with a major shareholder of Stingray representing approximately 15% of the issued shares
of Stingray. Under the lock up agreements each of the locked up shareholders has agreed to vote all of
their shares of Stingray in favour of the Transaction.
Full details of the offer will be included in a formal Arrangement Agreement and will be described in a
Management Information Circular to be filed with the regulatory authorities and mailed to Stingray
shareholders in accordance will applicable securities laws.
Haywood Securities Inc. (“Haywood”) is acting as financial advisor to the Special Committee of
Mercator (comprised of Independent Directors). Haywood has provided an opinion to the Special
Committee of Mercator that, subject to certain assumptions and limitations set out therein, the
proposed transaction is fair, from a financial point of view to Mercator shareholders. DuMoulin Black
LLP is acting as legal advisor to Mercator. Gowlings LaFleur Henderson LLP is acting as legal advisor
to the Special Committee of Mercator.
Stingray has engaged Canaccord Capital Inc. as its financial advisor, Lavery, de Billy, L.L.P. as its
legal advisor and an Independent Committee of Stingray Directors recommended the approval of the
transaction.
Gary Simmerman, BSc., Mercator’s VP Engineering, a Qualified Person as defined by NI43-101,
supervised the preparation of and verified the Mercator technical information contained in this release.

[Extrabreit]

Trifft zwar nicht die Erwartung des Marktes, aber es macht in meinen Augen Sinn

[Extrabreit]

Antwort auf Beitrag Nr.: 38.105.324 von Extrabreit am 02.10.09 16:38:57

UPDATE 2-Mercator to buy Stingray Copper for C$44.1 mln
Fri Oct 2, 2009 10:50am EDT

Offer represents 52 pct premium to Stingray's Thurs close

* Stingray CEO to become COO of new company * Mercator shares fall 10 pct, Stingray jumps 40 pct (Adds analyst comments, updates share movement)

Oct 2 (Reuters) - Mercator Minerals Ltd (ML.TO) said it would buy Stingray Copper Inc (SRY.TO) in a stock deal valued at about C$44.1 million to expand its operations and capitalize on Stingray's El Pilar copper project in Sonora, Mexico.

Mercator will buy all issued and outstanding Stingray shares at an exchange ratio of 0.25 Mercator shares per Stingray share. The offer represents a 52 percent premium to Stingray's closing price of 48 Canadian cents on Thursday.

Mercator shares were down 6 percent at C$2.75 in Friday morning trade on the Toronto Stock Exchange, while those of Stingray were up 38 percent at 66 Canadian cents.

"It is a good purchase to make... it is (cheap) because it is a C$44 million deal, but Stingray has C$16 million of cash, and it has got one and a half billion pounds of copper," Blackmont Capital Markets analyst George Topping said.

Stingray's El Pilar project will add a low cash cost and near-term cathode copper producing asset with manageable capital expenditure that increases Mercator's leverage to copper, the companies said.

Topping said the El Pilar copper project's capital expenditure was easily manageable at C$210 million, adding that it could produce about 31,000 tons of cathode copper a year.

El Pilar is expected to add an additional annual copper production of about 70 million pounds to Mercator starting in 2012, the companies added.

Michael Surratt, chief executive of Mercator, will remain CEO of the combined company while Peter Mordaunt, the CEO of Stingray, will become chief operating officer of the combined company.

The deal value is based on 60.6 million shares of Stingray outstanding as of Sept. 30 according to Reuters data.

The companies said the deal, which is expected to be highly accretive on all valuation and operating metrics, is scheduled to close by the end of the year. (Reporting by Isheeta Sanghi in Bangalore; Editing by Anne Pallivathuckal)

[Coxos]

Präsentation
http://www.stingraycopper.com/PowerPoint/Stingray-Mercator_P…

[Schorsch°]

So langsam könnte der Molypreis mal wieder steigen.

[Videomart]

MBMOEUOX:IND Mo Drummed Molydbic Oxide EU
Updated: New York, Oct 28, 12:08

Currency: USD
Value: 11.00
Change: -0.500 / -4.348%



http://www.bloomberg.com/apps/quote?ticker=MBMOEUOX%3AIND

[Videomart]

Thursday, November 5, 2009
U.S. molybdenum prices drift lower but bottom seen

NEW YORK 04 November 2009 16:29

U.S. molybdenum pricing remains volatile, but many in the trade believe that a floor has been established on the back of another market dip.

Spot prices for molybdic oxide are now in a range of $10.50 to $11 per pound, down from $12.30 to $12.70 two weeks ago, while ferromolybdenum is between $12.75 and $13 per pound, down from $13.90 to $14.10, traders said.

Moly prices have been on a roller coaster ride for the past six months. Molybdic oxide, which hit a low of $8.55 a pound in April, climbed to $18.25 in August but since then has given back about 40 percent.

"Have we fallen to the floor? Everybody is trying to figure that part out," a U.S.-based trader said. "The Chinese haven't shown too much interest in purchasing but they're not sellers either, so it's a little bit difficult to gauge what is going on."

A second trader said there's not really any spot activity to speak of as most buyers are safely covered for the fourth quarter. "But there is a growing sentiment that we've reached a bottom, but the problem is that we're entering a seasonably slow period," he said. "Things are going to be pretty sleepy here from Thanksgiving through the holidays."

Raw steel production in the United States fell last week for the first time since June, with the average capability utilization rate easing back to 62.7 percent from 63.2 percent a week earlier, according to the American Iron and Steel Institute, Washington.

"It feels like the demand for steel, looking at the utilization rates, is slacking off a small bit," the first trader said. "But that's not unexpected; we've been anticipating that November might be softer than October."

A third U.S.-based ferroalloy trader was significantly more bullish. "This ship is starting to turn around," the trader said, noting that he made a number of sales of moly oxide at $11.25 per pound. "The Chinese have come in and are buying, contrary to what other people are saying. There's a little more buying going around, just in general. Consumers are seeing a really cheap price and are being enticed to buy. I'm not seeing the lower numbers in the range anymore."

The first trader said that he hadn't seen any significant Chinese buying activity and their buying decisions would drive prices in the fourth quarter. "If the Chinese aren't buyers, then the market's going lower just based on the fundamentals and the fact that fourth-quarter (demand) is shaping up to be pretty soft. If they are buyers, depending on the extent, it could be a flat market."

However, he noted that prices won't actually go up until consumers return in bulk to the spot market. Currently, nearly all ferroalloy purchasing is being conducted through long-term contracts.

"The trade is getting a little bit ahead of this with the thought that it's bottoming. The feeling is that people are cautiously optimistic for what is going to happen in the first quarter," the trader said.

http://ammoniumpolyphosphate.blogspot.com/2009/11/us-molybde…



Thursday 5 November 2009

European ferro-molybdenum prices leap

SÃO PAULO (Metal-Pages) 05-Nov-09. European duty-paid ferro-molybdenum prices have surged over the past couple of days. Traders expect the $ 30/kg barrier to be quickly breached on the back of short covering and speculative buying.
“It’s cooking today,” said one trader. “It’s firming strongly,” said another.

Though the scope of demand is currently unclear, there are claims buyers from Ukraine are searching for as much as 300 tonnes of material. Others say its half that total and the amount of end-user enquiries runs to 300 tonnes.

“Once it starts to move no one wants to miss the big rise when it comes, so you see a lot of speculative buying coming into market from traders,” the first trader said.

It was only a week ago that material reportedly sold at 25.30/kg, meaning the latest developments have pushed prices up 16.6% in that time.

Some traders had appeared to have given up hope on the fourth quarter and were already turning their thoughts to the New Year, but it now appears there may be more twists and turns to come in the last seven weeks or so of 2009.

“It could still break $ 30/kg this week,” said a third trader.

The re-emergence of Chinese buyers has helped lift molybdenum trioixide prices, though by nowhere as much for the alloy. Material is currently fetching $ 11.30-11.80/lb traders say.

On Thursday, the mood spread to ferro-vanadium prices when around 10 tonnes were reportedly sold at $ 24.50/kg. It comes as the Chinese ferro-vanadium market is seeing higher offers, amid the return of speculative buyers and with holders of material reluctant to sell.

Though there have been enquiries for close to a couple of truckloads of vanadium pentoxide from Latin America, prices are still between $ 6.70-7.40/lb.

The spread on ferro-niobium $ 40.50-41.50/kg has widened with smaller quantities of material having fetched 41.50/kg.

Meantime, amid reports of inter-trade business at $ 25.50/kg earlier this week, ferro tungsten continues to fetch between $ 25-50/kg. “Ferro-tungsten is dead,” said a trader.

No reported business means APT continues to go for between $ 190-210/mtu...

http://www.metal-pages.com/news/story/43123

[Videomart]

Antwort auf Beitrag Nr.: 36.348.548 von neuflostein am 10.01.09 17:45:16

Nachfolgend die unrichtigste Behauptung, die ich in diesem Jahr bei WO gefunden habe:

"Kupfer hat seinen Boden noch nicht gefunden" (vom 10.01.2009)

[neuflostein]

Antwort auf Beitrag Nr.: 38.338.312 von Videomart am 06.11.09 19:16:56

Sach mal, Videobude, hast du eigentlich nichts besseres zu tun? Habe mich geirrt, Asche auf mein Haupt....

Get a life!

[Extrabreit]

Kupfer, mittelfristige Verknappung





Frankfurt a. M. (derivatecheck.de) - Die Trading-Experten bei Societe Generale berichten über die technische Entwicklung des Kupferpreises.

Der Preis des Kupfer-Future habe im Oktober weitestgehend eine Bewegung zwischen 6.500 und 6.600 US-Dollar beschrieben.


Einer der Einflussfaktoren sei wohl der Umstand, dass eine der produktionsstärksten Kupferminen der Welt, die "Escondida"-Mine in Chile, ihre Fördermenge um 20 % im laufenden Jahr zurückgefahren habe. Grund hierfür sei unter anderem die immer schlechtere Qualität des Rohkupfers, welches aus der Mine gefördert werden könne. Ebenso relevant seien die Meldungen von streikenden Mitarbeitern der "Spence"-Mine, welche ebenso wie die "Escondida" zum BHP Billiton Ltd. Konzern gehöre. Gründe für die Spannungen seien enorme Lohndifferenzen zwischen den beiden in Chile ansässigen Förderstätten. Alle Versuche, eine Lösung zu finden, wären bis dato fehl geschlagen. Ebenso würden die Arbeiter einer weiteren Mine des BHP Billiton Ltd. Konzerns, der "Antamina" in den peruanischen Anden, die Arbeit niederzulegen drohen.



Diese Umstände könnten laut den Marktbeobachtern bei Societe Generale zu einer mittelfristigen Verknappung des Angebots an Kupfer auf den Weltmärkten führen.

(12.11.2009/dc/a/r)2009-11-12 11:11:25




Tipp des Tages: Kupfer scheint reif für einen Rücksetzer
Leser des Artikels: 447

Der Preis für Kupfer 1679405 nachrichten hat sich seit Anfang des Jahres mehr als verdoppelt. Dabei wurden jedoch in erster Linie Vorschusslorbeeren verteilt und eine erwartete konjunkturelle Erholung großzügig eingepreist. Grundsätzlich herrscht am Markt derzeit ein erhebliches Überangebot, welches aufgrund von aktuellen und drohenden Streiks in großen südamerikanischen Kupferminen allerdings ignoriert wird. An den Handelsplätzen in London, Shanghai und New York stiegen die Lagerbestände auf den höchsten Stand seit mehreren Jahren. Allein in den vergangenen 12 Monaten zogen die gelagerten Mengen um 53 Prozent (London), 563 Prozent (New York) bzw. 323 Prozent (Shanghai) an. In China sollen zudem 350.000 Tonnen Kupfer unverzollt in den Freihäfen liegen. Dort denkt man mittlerweile sogar darüber nach, dieses Kupfer zumindest teilweise wieder auszuführen und in südkoreanischen Lagerhäusern der London Metal Exchange einzulagern.
Nach dem krisenbedingten Absturz von fast 9.000 Dollar (Mitte 2008) auf ein Tief von 2.790 Dollar (Ende 2008) scheint der aktuelle Optimismus etwas übertrieben zu sein. Selbst für den Fall, dass die Weltkonjunktur wieder anspringen sollte, dürfte es noch Jahre dauern, bis die Nachfrage nach dem roten Industriemetall wieder das Vorkrisenniveau erreichen wird.

Abwärts in Richtung 6.000 Dollar

Mit einem MINI Short auf LME-Kupfer (WKN: ABN5NY) von ABN AMRO können Anleger bei unbegrenzter Laufzeit, einem aktuellen Basispreis von 9.516,32 Dollar und einem Knock-Out-Level bei 8.861 Dollar derzeit eine Hebelwirkung von 2,2 erzielen. Um potenzielle Kursverluste zu begrenzen, bietet sich bei Kupfer das Setzen einer Stopp-Loss-Marke deutlich oberhalb des bisherigen Jahreshochs, zum Beispiel bei 6.900 Dollar an. Auf dem gegenwärtigen Kursniveau droht kein Knock-Out, da sich der diesbezügliche Sicherheitsabstand auf über 35 Prozent beläuft. Eine Korrektur in Richtung der Unterstützungszone im Bereich von unter 6.000 Dollar müsste bei dem Hebelpapier einen Gewinn von rund 20 Prozent nach sich ziehen.

Disclaimer: Die in diesem Artikel enthaltenen Angaben stellen keine Aufforderung zum Kauf oder Verkauf von Wertpapieren dar. Eine Haftung wird nicht übernommen.



Autor: Eurams exklusiv




Die Nachfrage zieht schon wieder an

Die globale Industrie braucht Rohstoffe. Und zwar in großen Mengen. Die Konjunktur zieht an, die Nachfrage steigt – und mit ihr steigen die Preise. Industriemetalle wie Kupfer, Blei und Zink sind besonders gefragt. Bergbaukonzerne wie Rio Tinto atmen auf. Warum Experten dennoch skeptisch sind.



DÜSSELDORF. Die Weltwirtschaft erholt sich schneller als zunächst erwartet – entsprechend stark zieht die Nachfrage nach Rohstoffen an. Vor allem China steht dabei mit seinem enormen Bedarf einmal mehr im Mittelpunkt.

„Wir sehen einige Anzeichen für eine Belebung der Weltwirtschaft“, sagte gestern Tom Albanese, Chef des drittgrößten Bergbaukonzerns der Welt, Rio Tinto. Gleichwohl gebe es noch viel Unsicherheit, sowohl bezüglich der Stärke als auch der Dauerhaftigkeit des jüngsten Nachfrageanstiegs. Bei der Ausweitung des Angebots müsse daher Vorsicht walten, warnte Albanese. Dies gelte insbesondere mit Blick auf die großen OECD-Länder, allen voran den US-Markt.

Industriemetalle sind gefragt

Ungeachtet solcher Vorsicht berichtete das Bergbauunternehmen gestern, dass seine Eisenerzminen in der Pilbara Region in Westaustralien inzwischen wieder bis zur Kapazitätsgrenze ausgelastet sind. Grund dafür sei der starke Bedarf, besonders in China. Eisenerz wird für die Stahlherstellung benötigt und gilt daher als konjunktursensitiver Rohstoff. Im Oktober hatte Rio Tinto bereits sein Produktionsziel im Eisenerzbereich für das laufende Jahr auf 210 bis 215 Mio. Tonnen angehoben. „In den nächsten fünf Jahren wird China voraussichtlich mehr Eisenerz verbrauchen, als Australien in seiner ganzen Geschichte exportiert hat“, unterstrich Albanese.

Die Auslastung der Pilbara-Minen spiegelt wider, wie weit die wirtschaftliche Erholung bereits fortgeschritten ist. Mit der Zuspitzung der Finanzkrise Mitte vergangenen Jahres waren die Nachfrage und damit auch die Rohstoffpreise auf breiter Front eingebrochen. Minengesellschaften hatten ihre Produktion weltweit massiv zurückgefahren; mit der Verknappung des Angebots wollten sie einem weiteren Preisrutsch gegensteuern. Inzwischen haben sich die meisten Notierungen erholt.

Gefragt sind seit Anfang dieses Jahres vor allem die Industriemetalle wie Kupfer, Blei oder Zink und Energierohstoffe. „Blei warf in den vergangenen zehn Monaten 120 Prozent Gewinn ab, Kupfer 108 Prozent und Zink noch fast 70 Prozent“, hat Unicredit-Analyst Nikolaus Keis berechnet. Die Ölpreise haben sich seit dem Jahresanfang praktisch verdoppelt.

Ungeachtet solcher Preissteigerungen schwingt bei den Experten eine gehörige Portion Skepsis mit. „Trotz der kräftigen Gewinne im Monat Oktober sehen wir noch Spielraum für Konsolidierung“, warnte etwa Keis. Dies gelte auch mit Blick auf die zyklische Entwicklung.

Skeptiker fürchten Rückschlag

Die italienische Großbank Unicredit erwartet, dass der zurzeit kräftigen Erholung der Weltwirtschaft ein Rückschlag droht, wenn die Lageraufstockung und die Wachstumseffekte der vielfältigen Stimulierungsprogramme ausgelaufen sind. Für einen nachhaltigen, selbsttragenden Aufschwung fehle noch die Unterstützung des privaten Verbrauchs.

Mit Blick auf den Jahreswechsel 2010/2011 ist der Experte der Landesbank Baden-Württemberg, Frank Schallenberger, ähnlich skeptisch. Die staatlichen Konjunkturförderprogramme etwa in den USA, China oder Japan hätten die Nachfrage bei Rohstoffen schließlich stark nach oben getrieben. „Nur wenn es weiter nach oben geht, wird auch die Rohstoffnachfrage weiter anziehen“, warnte Schallenberger.

[the_artlove]

Antwort auf Beitrag Nr.: 38.377.349 von Extrabreit am 12.11.09 20:01:50

Der etwas schwache Moly Preis hat wohl einige Spuren hinterlassen, sonst wäre das Ergebnis sicher deutlich positiver ausgefallen...

Mercator Reports Third Quarter Results and Provides Operations Update

Die Highlights:
Financial Highlights for the Three Months ended September 30, 2009

- Earnings before interest, taxes, depreciation and amortization
("EBITDA")(x) for the three month period ended September 30, 2009 was
$6.82 million, surpassing the requirements under the applicable
covenant under the Note Indenture;

- Net loss for the three month period ended September 30, 2009 of
$0.69 million ($0.01 per share) compared to a net loss of
$5.64 million ($0.08 loss per share) for the corresponding period
in 2008.

- Excluding non-cash items for accretion, amortization and stock based
compensation, the Company recorded adjusted earnings(x) of
$3.58 million during the quarter ended September 30, 2009, compared
to an adjusted loss(x) of $3.14 million during the corresponding
period in 2008;

- Revenues from cathode copper and copper concentrate, sales molybdenum
and silver for the three month period ended September 30, 2009 of
$26.21 million compared to $8.89 million for the corresponding period
in 2008;

- Sales from production of 7,273,077 pounds of copper (comprised of
6,153,449 pounds of copper in concentrates and 1,119,628 pounds of
copper as cathode), 537,594 pounds of molybdenum and 34,069 ounces of
silver during quarter ended September 30, 2009. This compares to
copper production, all as cathodes, of 2,972,504 pounds in the
quarter ended September 30, 2008;

- Financing completed during the period raised gross proceeds of
$75.85 million. The Company ended the quarter with cash of
$64.84 million, a $61.83 million increase in cash on hand since
December 31, 2008, resulting in a positive working capital of
$71.68 million compared with $3.0 million in cash and cash
equivalents and a working capital deficiency of $25.35 million at
the end of fiscal 2008.

[Extrabreit]

Antwort auf Beitrag Nr.: 38.403.794 von the_artlove am 17.11.09 16:31:19

ich hoffe, dass der Trend sich fortsetzt und im nächsten Quartal auch unterm Strich ein Gewinn ansteht.

[Extrabreit]

Antwort auf Beitrag Nr.: 38.404.477 von Extrabreit am 17.11.09 17:42:09

[Extrabreit]

Antwort auf Beitrag Nr.: 38.413.071 von Extrabreit am 18.11.09 18:22:46

in CanD


in Euro

[Schorsch°]

Molybdenum Oxide Price
As of November 12, 2009 - US $11.10

[Schorsch°]

Nur ein charttechnischer Absacker bei Mercator? Kupferpreis ist stabil und der Molypreis steigt.

[Radikalinsky]

Antwort auf Beitrag Nr.: 38.524.059 von Schorsch° am 07.12.09 21:25:11

Würd ich auch gern wissen.
Ein Blick auf die anderen Moly-Player macht vielleicht schlauer, Moly Mines und TCM sind auch gefallen.
Im TCM-Thread ist mehr los:
http://www.wallstreet-online.de/diskussion/1038093-neustebei…

Ungünstig: Thompson Creek raises cost estimates for Endako molybdenum mine
http://www.metalbulletin.com/Article/2353402/NonFerrous/AMM-…

Ungünstig: Cu sinks below $7,000 in LME officials on dollar strength
http://www.metalbulletin.com/Article/2353145/NonFerrous/Cu-s…

Günstig: Chinese moly miners raise prices on more buying
http://www.metalbulletin.com/Article/2352877/Chinese-moly-mi…

Trotzdem noch etwas ratlos. Ich hoffe mal, es ist eine gute Einstiegschance.

Gruß, Rad

[Schorsch°]

Antwort auf Beitrag Nr.: 38.524.793 von Radikalinsky am 07.12.09 23:43:10

Ich meine auch, es ist eine gute Einstiegschance.

[neuflostein]

Antwort auf Beitrag Nr.: 38.525.161 von Schorsch° am 08.12.09 07:59:33

Vielleicht noch warten, bis ML einen Boden gefunden hat und wieder im Aufwärtstrend ist? Lieber ein paar cent zu viel zahlen als beim Bottom Fishing zu scheitern.

[Schorsch°]

Die 2 CAD müssten halten.

[DIE_GERECHTIGKEIT]

Antwort auf Beitrag Nr.: 38.524.059 von Schorsch° am 07.12.09 21:25:11

Kupferpreis ist stabil und der Molypreis steigt.


Du meintest wohl, Moly ist stabil und Kupfer steigt, oder?

[Schorsch°]

Aurubis sieht Weltkupfernachfrage 2010 wieder auf Niveau von 2008
16.12.2009 - 08:54

HAMBURG (dpa-AFX) - Die weltweite Kupfernachfrage wird nach Einschätzung des Kupferherstellers Aurubis im kommenden Jahr wieder das Niveau des Jahres 2008 erreichen. Wie der MDax -Konzern am Mittwoch in Hamburg mitteilte, ist dann mit einer weltweiten Nachfrage von etwa 17,9 Millionen Tonnen zur rechnen. Damit sollte der Rückgang von etwa drei Prozent 2009 wettgemacht werden. Ab 2011 dürfte der Kupferbedarf synchron mit der wirtschaftlichen Erholung wieder stärker wachsen. "Zwar können Spätfolgen und konjunkturelle Nachbeben nicht ausgeschlossen werden, doch bin ich von einer langsamen Erholung der Weltwirtschaft überzeugt", betonte Konzernchef Bernd Drouven im Geschäftsbericht. Auf dieser Basis fielen auch die Vorzeichen für den Kupfermarkt überwiegend positiv aus./jha/gr

[Extrabreit]

ich sehe den Kupferpreis erstmal auf 2,5 bis 2,2 USD runtergehen. Molypreis bleibt vielleicht bei 10. Deshalb bin ich seit dieser Woche an der Seitenlinie. Mein neuer Eistiegskurs liegt bei 1,5 CanD.

Mal schauen

[Schorsch°]

Der Kurs bewegt sich von 2CAD weg und bricht gleich die obere Abwärtslinie .

[DIE_GERECHTIGKEIT]

hmmmmm..

7% nach der News vom Montag.
Ich spüre, dass jetzt die Avancen von Thompson Creek jetzt Formen annehmen. Vermutlich haben die gewartet bis der Stingray-Deal durch ist. Das kann sehr lecker werden die nächsten Tage.

[Schorsch°]

Antwort auf Beitrag Nr.: 38.597.787 von Extrabreit am 18.12.09 16:49:28

Das mit den 1,5 wird wohl nichts. Andere Kursziele??

[Radikalinsky]

Antwort auf Beitrag Nr.: 38.695.341 von Schorsch° am 08.01.10 16:42:38

Die alten Hochs waren bei 8 €. Und wenn wir erst voll produzieren und der Molybdänpreis wieder auf 30$ geht (träum), sollte es noch höher gehen.

Schließlich ist das kein Käseblatt-Push.

Gruß, Rad

[Extrabreit]

Antwort auf Beitrag Nr.: 38.695.341 von Schorsch° am 08.01.10 16:42:38

Schade, Schade... zu früh raus

Halten die 3 Dollar bei der technischen Reaktion nächste Woche sollte es bei der Dynamik durchaus bis 4 -4,5 Dollar hochgehen.

wer dann noch drin sein sollte, sollte über einen Austieg nachdenken.

ich bleibe bei meiner Meinung, dass Kupfer noch deutlich nach unten korrigieren wird

[Extrabreit]

Hat sich irgendjemand mal Western Copper angesehen und eine Meinung dazu gebildet?

Große Vorkommen bei niedrigen Graden. Keine Ahnung ob ein Abbau da Gewinn bringen kann.

Ich würde mich über Meinungen freuen.

[stucki199]

Ich bin gespannt, wann hier die Gewinnmitnahmen los gehen.
Aber ich denke es geht noch ein wenig .

[Extrabreit]

Codelco to Invest Record $2.3 Billion in Copper Mines (Update2)
Share Business ExchangeTwitterFacebook| Email | Print | A A A

By Matt Craze and James Attwood

Jan. 13 (Bloomberg) -- Codelco, the world’s biggest copper producer, plans to invest a record $2.3 billion this year as prices surge for the metal used in plumbing and wiring.

Chile’s state-owned copper company is increasing investments by 12 percent to tap new reserves at existing mines from last year’s $2.05 billion, Fernando Vivanco, vice president of projects, told reporters today in Santiago.

Codelco boosted production by 15 percent in 2009, ending four years of declining output, Chief Executive Officer Jose Pablo Arellano said at the same event. Copper futures more than doubled last year as disruptions and demand from China, the world’s largest copper user, led to shortages of the metal.

“It’s an ambitious plan,” Arellano said. “While other companies slowed down their investments, we forged ahead.”

Cochilco, Chile’s state-run copper statistics agency, estimates Codelco will increase production by 110,000 metric tons this year, from 1.68 million tons of copper in 2009, research director Ana Isabel Zuniga told reporters in Santiago today. Codelco will release its 2009 earnings report next month.

Cochilco forecasts prices may average $3.10 a pound in 2010, an increase from a previous estimate of $2.70 a pound, as mine supplies fall, Zuniga said. China will lower its purchases by as much as 1 million tons of copper after accumulating stockpiles last year, she said.

Rising Prices

Copper futures for March delivery added 6.15 cents, or 1.8 percent to $3.411 a pound at 12:05 p.m. on the Comex division of the New York Mercantile Exchange.

Global copper demand may fall by 0.6 percent to 17.8 million metric tons in 2010, Cochilco said. Global production will fall by 104,000 tons, it said. Chile’s copper output may increase to a record 5.7 million tons in 2010, surpassing a record in 2007, Cochilco said. Chile produced 5.34 million tons last year, Zuniga said.

Codelco will reinvest some of last year’s profit and tap financial markets to help finance the investments, Arellano said. Expansions to its Andina, El Teniente and Radomiro Tomic mines will increase production capacity by 290,000 metric tons, he said. Falling output from existing mines means Codelco may only achieve a “modest” increase in production, he said.

Arellano maintained a “positive” long-term forecast for the metal even as China’s efforts to curb a credit boom and prevent overheating of its economy creates “volatility.”

Codelco, which owns about a third of the world’s proved copper reserves, restarted its Chuquicamata mine on Jan. 6, ending a two-day strike after agreeing to pay workers record bonuses worth $24,000.

[derogher]

Mercator Minerals provides update on El Pilar Copper Project

VANCOUVER, Jan. 26 /CNW/ - Mercator Minerals Ltd. ("Mercator") (TSX - ML) is pleased to provide an update of the recent developments at the Company's wholly owned El Pilar Copper Project in Northern Mexico.

Aker Chemetics ("Aker") in Vancouver has presented the advanced basic engineering study for the sulphur burning acid plant for the El Pilar Copper Project in Northern Mexico. In the Feasibility Study developed by M3 Engineering & Technology Corp. ("M3") the estimated capital cost, including contingency, of the acid plant was US$56.9 million, for a 600 mtpd plant. An additional 150 mtpd of acid was projected to be purchased at market price. Subsequent to the completion and delivery of the feasibility study Aker, a well known acid plant designer was retained to do an advanced basic design and detailed cost estimate utilizing bids for all of the major equipment. The result of the review by Aker is a 750 MTPD plant with a capital cost estimate, including contingency, of US$54.9 million. The result is a reduction of US$2.0 million in capital cost and a substantial cost savings in operational cost due to the additional acid production of 150 mtpd.

On January 9, 2010, the assembly of Ejido Miguel Hidalgo voted in favor of selling the surface rights necessary for the development of El Pilar Copper Project to Recursos Stingray ("Recursos") a wholly owned subsidiary of Mercator. The next step is for the Ejido authorities to request from the Agrarian Authority the full title. The process of approval by the government and granting of land title is estimated to take between three and four months.

In addition SEMARNAT (Ministry of Environment and Natural Resources) has approved the Environmental Impact Manifest (MIA) and has granted the environmental permit for the development of the Project. SEMARNAT concluded that the steps and measures included in the MIA that are to be adopted during construction and operations were adequate. Two important factors in the approval by SEMARNAT were that; Recursos demonstrated that water is available outside the main watershed and supply from the river to nearby communities would not be affected; and that the socio-economic study developed by a project consultant demonstrated that the Project will be a positive driving force for economic development in an area of the State of Sonora with low employment.

Mercator has also started the layout for a large "crib test" on the El Pilar ore that will be conducted at Mineral Park. Two large concrete bins (15'x 25'x 16', which have already been constructed on site at Mineral Park) will be utilized to perform a run of mine test and a minus 6" test. The tests are being set up and supervised by an independent engineer, to duplicate start up, and optimize leaching at El Pilar. The feasibility study was based on 6" minus and was done in columns. Run of mine was not tested. Mercator believes that run of mine could have significant positive economics if successful. This work is being done to further optimize the El Pilar feasibility work. The test will run for at least 120 days per the design and will commence within the next month. Detailed design work on the El Pilar Copper Project is continuing while the crib test is being conducted.

"These legal steps and milestones are key for the continuing development of Mercator's El Pilar Copper Project", said Michael Surratt, President and CEO of Mercator.

Mike Broch, a senior Mercator geologist, a Qualified Person as defined by NI43-101, supervised the preparation of and verified the technical information contained in this release.

http://finance.yahoo.com/news/Mercator-Minerals-provides-cnw…

[Extrabreit]

Chinalco wants to buy copper mines
(www.telegraph.co.uk)
Updated: 2010-01-26 08:49
Counter:1793

China plans to cash in on the soaring copper price by using its substantial reserves to snap up global assets while prices are low.

Chinalco wants to buy copper mines. The picture shows a worker negotiating

a stack of copper plates at a factory in Shanghai. Photo: BLOOMBERG

Lu Youqing, vice-president of Aluminium Corp of China (Chinalco), said that the state-owned group was studying worldwide copper resources to identify the best investment opportunities.


"Copper is our next main development target," Mr Lu said in an interview with Reuters, citing Toronto-listed Ivanhoe Mines' copper-gold project in Mongolia as a potential target. Mr Lu declined to comment on the amount of money that Chinalco has earmarked to make such purchases, however, he said the company is yet to enter talks with any potential sellers.

Copper prices have surged by 130pc since the start of 2009, with the aluminium price up a more modest 44pc, The positive outlook for copper prices prompted Chinalco to establish a subsidiary last year, China Copper Company. The unit now has about 60bn yuan of assets, but there are no imminent plans to list the business separately, Mr Liu said.


In June last year, Rio Tinto spurned Chinalco's proposed $19.5bn cash injection, which would have doubled the Chinese group's stake in the miner to 18pc. Instead, Rio undertook a deeply-discounted rights issue and put its Australian iron ore assets into a joint venture with BHP Billiton. Yesterday, the European Union launched an antitrust probe into the proposed iron ore venture, which had been widely expected.


Chinalco currently owns 9pc of Rio Tinto and Mr Lu also denied the recent rumour that the company was about to sell its stake to China Investment Corp, China's sovereign wealth fund.


Chinese companies spent more than $30bn buying foreign mines and oil deposits last year, as asset prices tumbled. Analysts are generally downbeat on prospects for the aluminium price, but more bullish on copper.


Chinalco also said yesterday that it had posted a profit in the second half of the year, compared with a loss in the first half of 2009. No profit figure was revealed, but the company's full-year sales rose 10pc to 142bn yuan. In December, capacity utilisation at its aluminium operations exceeded 90pc, with production costs falling 17pc over the year.

[Extrabreit]

[Extrabreit]

[derogher]

Mercator Minerals starts commissioning of Phase 1.5 at Mineral Park and operational updates

VANCOUVER, Feb. 9 /CNW/ - Mercator Minerals Ltd. ("Mercator") (TSX - ML) is pleased to announce that the commissioning of phase 1.5 at its wholly owned Mineral Park mine in Arizona is underway. Phase 1.5 will take Mineral Park daily production up from a design capacity of 25,000 tons per day to a design capacity of approximately 32,000 tons per day. The principal aspect of the Phase 1.5 was the installation of the Phase 2 SAG mill and its related conveying and pumping systems. The installation of the second SAG mill was completed late January and currently motor run-ins and belt aligning work are underway. "All start up activities are expected to be complete by the end of February and the mill is expected to be at capacity next month," said Mike Surratt, President and CEO.

Phase 1.5 includes a significant part of Phase 2 equipment including the SAG mill, the reclaim conveyors, thickner, most of the water system, and the first raise of the tailings impoundment. Phase 2 construction continues to proceed on schedule, with the ball mill gears, lube skids and gear covers on site. The Phase 2 ball mills are scheduled for delivery in May, and have been fully paid for. Concrete, mechanical and electrical work is ongoing for Phase 2 which is scheduled for completion around the end of the year.

Mercator announces an off take agreement is signed with Trafigura for 50,000 tons of copper in concentrate for delivery this year. The agreement is for delivery at domestic smelters, and is in addition to the current MRI contract. "This is a considerably better contract for us with the domestic shipping," stated Surratt.

"2009 was another milestone year for Mercator," stated Surratt. "We completed the construction and commenced operating the Phase 1 at Mineral Park, acquired a major copper project with a full feasibility study that has increased our copper reserves by 113% with only 7% share dilution, completed most of phase 1.5, and ended a year that saw one of the worst economic down turns in history with over $60 million in the bank (unaudited). Even though the mill commenced operations in April, Mineral Park produced more than 31 million pounds of copper, 1.9 million pounds of moly and 200,000 oz. of silver. With the increased production from phase 1.5, we look forward to another record year and continued growth from Phase 2 and the El Pilar project."

Gary Simmerman, BSc., Mercator's VP Engineering, a Qualified Person as defined by NI43-101, supervised the preparation of and verified the Mercator technical information contained in this release.

About Mercator Minerals Ltd.

Mercator Minerals Ltd. is a TSX listed mining company with an experienced management team that has brought the mill expansion at the Mineral Park Mine, one of the largest and most modern copper-moly mining-milling operations in North America to production in less than 2 years. Mercator management is dedicated to maximizing profits at the Mineral Park Mine and the development of the El Pilar copper project in Mexico.

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this press release.

http://finance.yahoo.com/news/Mercator-Minerals-starts-cnw-7…

[Schorsch°]

Die momentane Kursschwäche ist für mich nicht nachvollziehbar. Moly bei 15,75. Kupfer über 3. Letzte Meldung war gut. Woran liegt es wohl?

[the_artlove]

Antwort auf Beitrag Nr.: 38.935.577 von Schorsch° am 12.02.10 16:24:41

Im Moment: allgemeine Marktschwäche an den Aktienmärkten.

Dazu kommt leider noch ein Mercator-spezifisches Problem:
Die Firma ist bezüglich Veröffentlichung/Promotion sehr zurückhaltend (man lese z.B. mal die Quartalsberichte/website durch). Oft werden interessante Kennziffern einfach nicht publiziert. Ich könnte mir vorstellen, dass diese Intransparenz (trotz fundamental guter Daten) ein Problem darstellt, das wurde auch schon von Analysten-Seite kürzlich bemängelt.
Bleibt zu hoffen, dass man sich das nächste Mal vielleicht ein bisschen offener zeigt und sich anstrengt.

[the_artlove]

Antwort auf Beitrag Nr.: 38.935.734 von the_artlove am 12.02.10 16:42:43

Moly Preis wieder am steigen seit geraumer Zeit.
akt. 17 US/pound

Da kanns dann eigentlich nur aufwärts gehen...hoffentlich!

[derogher]

http://finance.yahoo.com/news/Mercator-Secures-Commitments-p…

Mercator Secures Commitments For US$130 million of Senior Secured Credit Facilities

Press Release Source: Mercator Minerals Ltd. On Wednesday March 31, 2010, 8:05 am EDT

VANCOUVER, March 31 /PRNewswire-FirstCall/ - Mercator Minerals Ltd. (the "Company") (TSX - ML) is pleased to announce its wholly-owned subsidiary Mineral Park Inc. has mandated Société Générale and WestLB AG to act as Joint Bookrunners and has received and accepted commitments from Lead Arrangers Société Générale (Documentation and Administrative Agent), WestLB AG (Technical Agent), Credit Suisse and Barclays Capital (collectively, the "Lenders") for credit facilities aggregating US$130 million (the "Credit Facilities") the proceeds of which, when closed, will be used to redeem the Company's outstanding 11.5% senior secured notes.

The Credit Facilities are comprised of a US$100 million term loan with a one year grace and a five year amortization and a US$30 million revolving credit facility repayable on the fourth anniversary, subject to an annual extension option at the Lenders' discretion.

The Credit Facilities are subject to completion of loan and security documentation and customary conditions precedent to closing and will be secured by the assets of Mineral Park Inc. and a guarantee provided by the Company's wholly owned subsidiary Mercator Mineral Park Holdings Ltd. Closing is anticipated to occur within the next several weeks.

The commitment to fully underwrite the Credit Facilities follows an extensive due diligence review by the Lenders' Independent Engineers, SRK Consulting (U.S.) Inc.

"We are extremely pleased to have the support of these internationally renowned mining banks in refinancing our debt on terms that recognize the operating status and reserve life of the Mineral Park mine," said Michael Surratt, President & CEO of Mercator Minerals Ltd.

About Mercator Minerals Ltd.

Mercator Minerals Ltd. is a TSX listed mining company with an experienced management team that has brought the mill expansion at the Mineral Park Mine, one of the largest and most modern copper-moly mining-milling operations in North America to production in less than 2 years. Mercator management is dedicated to maximizing profits at the Mineral Park Mine and the development of the El Pilar copper project in Mexico.

[Schorsch°]

Keine Meinungen zur Situation? Molypreis und Kupferpreis gut. Warum die Kursschwäche?

[derogher]

Antwort auf Beitrag Nr.: 39.267.051 von Schorsch° am 01.04.10 22:10:46

Mercator Financial Results for the Year ended December 31, 2009

(Stated in US Dollars unless otherwise indicated)
TRADING SYMBOL: TSX - ML
VANCOUVER, April 1 /CNW/ - Mercator Minerals Ltd. has released its financial results for the year ended December 31, 2009, which are available on SEDAR and the Company's website.

"2009 was a milestone year for Mercator," stated Michael L. Surratt, President and CEO. "We completed the construction and commenced operating Phase 1 at Mineral Park, acquired a major copper project with a full feasibility study that has increased our copper reserves by 113% with only 7% share dilution, completed phase 1.5, and ended a year that saw one of the worst economic down turns in history with over $62 million in the bank. Subsequent to year end we accepted commitments from 4 major international banks for $130 million to redeem the Companies outstanding 11.5% senior secured notes. Even though the mill commenced operations in April and had a challenging start up, Mineral Park sold more than 28.8 million pounds of copper, 1.6 million pounds of moly and 150,000 oz. of silver in 2009. With increasing production, growth from Phase 2 and the development of the El Pilar project, Mercator's future looks brighter than ever."

After interest payments of $14.12 million ($13.8 million in interest paid on the 11.5% senior secured notes (the "Notes") issued by the Company in 2007) and $16.44 million in non-cash items including accretion, amortization and stock based compensation (2008 $7.68 million), the Company recorded a net loss of $17.58 million or $0.13 per share, compared with a net loss of $28.33 million ($0.38 per share) for 2008. Mercator spent $39.2 million in capital in 2009, to substantially increase copper production and to start molybdenum production at its Mineral Park Mine.


Financial Highlights for the Year ended December 31, 2009

- Sold 24.1 million pounds of copper in concentrates, 4.4 million
pounds of cathode copper, 1.6 million pounds of molybdenum in
concentrates; 150,000 ounces of silver compared to 10.6 million
pounds of cathode copper in 2008 (The Company did not produce any
copper, molybdenum or silver in concentrates in 2008);

- Revenue of $88.697 million in 2009 compared with revenue of $29.178
million in 2008

- For the year ended December 31, 2009, the Company reported a net loss
of $17.58 million ($0.13 per share) compared with a net loss of
$28.33 million ($0. 38 per share), for the corresponding period in
2008;

- Assets of $376.45 million for the year ended December 31, 2008 (2008
- $249.16 million);

- Cash and cash equivalents on hand at December 31, 2009 of $62.19
million as compared to $3.0 million for the year ended December 31,
2008, and working capital of $40.95 million at December 31, 2009 as
compared to a working capital deficit of $25.35 million, for the
corresponding period in 2008;

- Subsequent to December 31, 2009, the Company accepted commitments
from a group of lenders for credit facilities totaling $130 million.
The facilities are comprised of a $100 million term loan with a one
year grace period and a five year amortization and a $30 million
revolving credit facility repayable on the fourth anniversary,
subject to an annual extension option at the lenders' discretion and
will be secured by the assets of Mineral Park Inc., a guarantee
provided by Mineral Park Holdings Ltd. and subject to completion of
loan and security documentation and customary conditions precedent to
closing. Upon closing, the proceeds will be used to redeem the
outstanding Notes.

- Subsequent to December 31, 2009, in respect of the Notes, it was
determined that the Company's earnings before interest, taxes,
depreciation and amortization (EBITDA), which included the non cash
charges for stock based compensation as an expense, exceeded the
interest expenses for the Notes for the quarter ended December 31,
2009. Accordingly, the Company has reclassified $30 million of the
Notes as a current liability as at December 31, 2009, representing a
pre-payment obligation to the Noteholders due in respect of that
quarter. The Company intends to use the credit facilities, when
closed, to fund the pre-payment obligation or replace any cash on
hand used to fund the pre-payment obligation.

http://finance.yahoo.com/news/Mercator-Financial-Results-cnw…


formatierung ist nicht so gelungen....


nur meine meinung:

der markt hat mehr erwartet als 17 mio $ minus. aber es wird gerne vergessen, dass auch die vorhandenen schulden wieder zurückgezahlt werden müssen. das drückt sehr stark auf das ergebnis. mit der umfinanzierung sollte sich das verbessern.
bei voller produktion soll mineralpark folgen daten möglich machen(homepage ML.TO)
in klammern 2009!

Mercator embarked on a two-phase expansion of its Mineral Park operations to a 50,000 ton per day copper and molybdenum milling operation which is expected to increase total Mineral Park average annual production over the first ten years of a 25-year mine life to 56(24,1 con/4,4 cat /2009)million pounds of copper, 10(1,6 /2009) million pounds of molybdenum and .6(0,15 /2009)million ounces of silver

die ball mills für phase 2.0 werden nächsten monat geliefert(sind bereits bezahlt) und sollen spätestens am jahresende unter vollast laufen. für mich werden die zahlen für Q1/2010 entscheidend sein, wie ich mit diesem investment weiter verfahre. ich glaube an eine positive überraschung. leider müssen wir uns wohl noch etwas gedulden.

[Schorsch°]

Antwort auf Beitrag Nr.: 39.272.583 von derogher am 04.04.10 13:37:43

Danke für die Info.

[Schorsch°]

Die Aussichten sind nicht schlecht. Der Moly- und Kupferpreis stimmt.
Welche Bewertung ist für Mercator gerechtfertigt? Was sagen die Analysten, Börsenblätter?

[derogher]

http://finance.yahoo.com/news/Mercator-Signs-Amending-cnw-24…

VANCOUVER, April 7 /CNW/ - Mercator Minerals Ltd. (the "Company") (TSX - ML) is pleased to announce pursuant to the Silver Purchase Agreement dated March 17, 2008, as amended, that Silver Wheaton (Caymans) Ltd. a subsidiary of Silver Wheaton Corp. has agreed to extend the deadline for Mercator to satisfy the completion guarantee by one year at the Mineral Park mine. Under the amendment the Mineral Park mine has until June 30, 2011 to meet the mill throughput requirements of an average 35,000 tons per day for 30 consecutive days. Additionally, the Company has granted Silver Wheaton (Caymans) Ltd. a right of first refusal on any future silver stream transaction or royalty interest on silver produced from mining properties or concessions owned or leased by the Company and its affiliates.

"We value our partnership with Silver Wheaton and we appreciate their continued support of the Mineral Park mine. We look forward to expanding our business relationship with this leading silver stream company", said Mike Surratt President & CEO.

[neuflostein]

Antwort auf Beitrag Nr.: 39.275.830 von Schorsch° am 05.04.10 19:35:01

Es kommt hier wohl erstmal weniger auf die Metallpreise an. Mercator hat ein paar Probleme mit der Recovery, was mit der Erweiterung zusammenhängt. Wenn sie dieses Jahr ihre Probleme und doie Phase 1.5 Erweiterung auf die Reihe kriegen dann ist nach oben viel Luft.

Ich bin seit heute Mittag wieder mit einer Miniposition dabei. Die Intraday reversal Kerze gestern in Toronto sah einfach zu lecker aus.

[OnkelDilbert]

Antwort auf Beitrag Nr.: 39.289.903 von neuflostein am 07.04.10 19:38:00

Das hat ja schnell gedreht heute! Hätte mich auch gewundert, wenn es bei diesem Wert einen längeren Abschwung gegeben hätte...
Stay long

Viele Grüße, O.D.

[Schorsch°]

Wirtschaftsnews - & Rohstoffe-Go Exklusiv - 22.04.10

Trotz bereits deutlichen Anstiegs: Kupfer könnte noch teurer werden
Stuttgart (www.rohstoffe-go.de) Kupfer gehört zu den knappsten Rohstoffen der Industriegesellschaft. Wenn der Verbrauch auf dem bisherigen Niveau bleibt, sind die Reserven in 30 Jahren erschöpft. Gleichzeitig wächst die Nachfrage jedoch stetig, so dass die aktuellen Prognosen nur Makulatur sind.

Vor allem in China zeigt sich weiterhin ein großer Hunger nach dem roten Metall. Im März 2010 importierte das Land fast 0,34 Millionen Tonnen Kupfer, das ist ein Anstieg um 53 Prozent im Vergleich zum Februar. Im Jahresvergleich erhöht sich die chinesische Importrate um 14 Prozent. Traditionell fragen chinesische Unternehmen vor allem im Frühling verstärkt Kupfer nach, man kann aus diesen Zahlen also keinen Trend für das Gesamtjahr herauslesen.

Anfang 2009 kostete eine Tonne Kupfer rund 3.000 Dollar, derzeit liegt der Preis bei etwas unter 7.800 Dollar. Experten sehen das Ende der Preisspirale jedoch noch nicht erreicht, sie glauben, dass Kupfer noch zu weiteren Rekorden fähig ist. Andere sagen dagegen, dass eine Korrektur bevorstehe. Demnach ist der Preis schon über das Ziel hinausgeschossen.

Hört man bei den Experten der Commerzbank genau hin, könnten an dieser Einschätzung jedoch Zweifel möglich sein. 2009 gab es am Kupfermarkt einen Angebotsüberschuss, es waren mehrere hunderttausend Tonnen zu viel auf dem Markt, trotzdem ist der Preis in die Höhe gestiegen. Für 2010 prognostizieren die Experten dagegen einen ausgeglichenen Markt. Angebot und Nachfrage sollen sich ungefähr die Waage halten. Allerdings könnte ebenso ein klares Angebotsdefizit möglich sein, auch wenn die meisten Beobachter davon bisher noch nicht ausgehen. Die Schätzungen besagen bisher, dass die Kupfernachfrage 2010 um 5 Prozent steigen wird. Sollte sich die deutliche Wirtschaftserholung in den Industriestaaten fortsetzen, kann sogar ein Plus von 8 Prozent möglich sein. Damit wäre das Gleichgewicht in Gefahr.

Gleichzeitig melden verschiedene Großproduzenten, wie Rio Tinto (WKN: 852147) und BHP Billiton (WKN: 850524), dass ihre Kupferproduktion aktuell zurückgeht. BHP hat derzeit Probleme mit einer Mine in Südaustralien, im abgelaufenen Quartal musste der Kupferausstoß um 19 Prozent verringert werden. Bei Rio Tinto ist die Situation nicht viel besser, hier beläuft sich das Minus auf 16 Prozent. Gegenläufig ist der Trend bei Anglo American (WKN: A0MUKL), dort steigt die Kupferproduktion um 7 Prozent an.

Ein Blick nach Chile verheißt ebenfalls nichts Positives. In dem südamerikanischen Land werden jährlich 5 Milliarden Dollar in Kupferminen investiert. Damit schaffen es die Minenbetreiber jedoch nur, die Kapazitäten auf einem gleichen Niveau zu halten, ein Mehrausstoß ist nicht möglich. Erst ab 2013 rechnet man bei der Commerzbank mit der Erschließung neuer Minen, die die Angebotssituation wieder entspannen. Bis dahin soll Kupfer ein knappes Gut bleiben, was sich in weiter steigenden Preisen niederschlagen wird. Erst ab 2013 wird sich nach diesen Schätzungen der Angebotsengpass wieder verringern.

Quelle: Rohstoffe-Go, Autor: (bj)

[neuflostein]

Schön wärs, Kupfer die nächsten Jahre bei $5-6/Pfund, Moly wieder bei 35....*träum*

Wobei unsere Mercator nur davon profitiert, wenn sie denn man ihre Produktion auf die Reihe bekommen. So wie es derzeit zugeht, steht auch in 2011 Phase II noch immer nicht. Zum Kotzen!!

[neuflostein]

Mal sehen, ob unsere Mercator heute aus ihrem Abwärtstrend rauskommt. Schön wärs....

[neuflostein]

Die Refinanzierung der 2012er Notes ist gestern bekannt gegeben worden. Sechs Jahre zu LIBOR +4,5%.

Sehe ich als positiv für Mercator. Weniger Zinsen (zunächst zumindest), längere Laufzeit, mehr Luft zum Atmen und zum Ausbau der Mine.


Mercator Minerals Ltd. (the "Company") (TSX - ML) is pleased toannounce its wholly-owned subsidiary Mineral Park Inc. has closed thepreviously announced (see Press Release dated March 31, 2010) US$130million in credit facilities (the "Credit Facilities") and hasconcurrently issued the notice of redemption on May 6, 2010 of theoutstanding 11.5% Senior Secured Notes due February 16, 2012.

Société Générale and WestLB AG are the Joint Bookrunners of theCredit Facilities with Lead Arrangers Société Générale (Documentationand Administrative Agent), WestLB AG (Technical Agent), Credit Suisseand Barclays Capital (collectively, the "Lenders").

The Credit Facilities are comprised of a US$100 million term loanwith a one year grace and a five year equal quarterly amortizationcommencing March 31, 2011 and a final maturity date of March 31, 2016and a US$30 million revolving credit facility repayable on the fourthanniversary, subject to an annual extension option at the Lenders'discretion. The Credit Facilities are secured by a guarantee providedby the Company's wholly owned subsidiary Mercator Mineral Park HoldingsLtd. and include mandatory prepayments based on a variableparticipating interest in free cash flow capped at a maximum of $30million as well as other terms, conditions and covenants customarilyassociated with mining credit facilities. Pricing is initially set atLibor+4.5% per annum (current 3 month Libor rate is .31%) with gridpricing tied to the debt service coverage ratio following the firstscheduled repayment of the term loan and completion of Phase IIexpansion to 50,000tpd. The proceeds of the Credit Facilities will beused to repay the Notes.

The Notice of Redemption states that the Company will redeem theoutstanding US$120 million principal amount of Notes on May 6, 2010(the "Redemption Date"). A redemption amount of $1,089.6986 (the"Redemption Price") be paid for each US$1,000 principal amount ofNotes, being an amount equal to the aggregate of i) $1,050 for each$1,000 principal amount of Notes plus ii) all accrued and unpaidinterest up to but excluding the Redemption Date.

Further details concerning the Notes including the rights ofredemption are described in the trust indenture dated February 15, 2007and supplemental indentures dated June 12, 2008 and July 13, 2009 madebetween the Company and Computershare Trust Company of Canada, asTrustee. Copies of the indenture and supplemental indentures can befound on SEDAR and hard copies can be obtained from the Trustee.

"We consider this refinancing a milestone in the evolution ofMercator Minerals as a growing mid tier North American copper andmolybdenum producer", said Michael Surratt, President & CEO ofMercator Minerals Ltd. "The support of these internationally renownedbanks in refinancing our debt on such commercially favorably termsrecognizes the operating advances at Mineral Park and the long reservelife. We are also appreciative of the support of our note holders forthe funding which allowed Mercator to advance Mineral Park quickly andthrough one of the worst economic down turns in history."

[derogher]

hat jemand eine idee, weshalb hier im freien markt 15mio shares in einem block den besitzer gewechselt haben sollen?

http://finance.yahoo.com/echarts?s=ML.TO+Interactive#symbol=…

[Schorsch°]

.... und der Kurs gibt auch weiter nach.

[Schorsch°]

Unglaublich mache verschleudern Mercator für 1,93 Dollar.

[derogher]

Mercator Reports Improving Recoveries and Costs at Mineral Park and Completion of Refinancing Package

Press Release Source: Mercator Minerals Ltd. On Tuesday May 11, 2010, 8:47 am EDT

All currencies in US$ unless otherwise specified.
VANCOUVER, May 11 /CNW/ - Mercator Minerals Ltd. ("Mercator" or the "Company") today announced its production for the first quarter 2010, comprised of 6,209,635 lbs. of copper, 638,512 lbs of molybdenum and 64,952 oz of silver, with March 2010 being the best production month to that point. Mercator also reported further increases in production during April 2010, with 2,763,695 lbs of copper, 220,336 lbs of molybdenum and 26,675 oz of silver, as a result of further improvements in recoveries over those achieved in March. "Successively better production at Mineral Park during March and April are clear indications of the improvements that have been made and we continue to make at Mineral Park," said Mike Surratt President and CEO. "We are making steady progress, with increasing recoveries and falling unit operating costs. "With further improvements in the works, we are becoming increasingly confident that we can meet or exceed our design parameters over the coming months."

Production & Costs Per Pound

April was the best month to date, with production of 2.7 million pounds of copper and 220,336 lbs of molybdenum at an estimated cash operating cost(x) of $1.67 for copper and $9.31 for molybdenum on a co-product basis (costs are divided proportionally based on the percentage of revenue from copper and molybdenum and netting silver equally). March production was 2.1 million pounds of copper and 268,534 lbs of moly at an estimated cash operating cost(x) of $2.41 for copper and $13.85 for molybdenum on the same co-product basis. First quarter 2010 production was 6.2 million lbs of copper and 638,512 lbs of molybdenum at an estimated cash operating cost(x) of $2.56 for copper and $12.38 for molybdenum, also on a co-product basis. Mercator only plans on reporting quarterly production results on a go forward basis, however, the Company believes that these monthly results help illustrate the progress being made and are therefore provided to assist shareholders in benchmarking this progress.

Costs per ton

Operating cash cost per ton(x) have also continued to improve, with estimated April milling costs of $4.58 per ton milled and mining costs of $1.00 per ton mined. This compares with estimated operating cash costs per ton(x) in the first quarter 2010 of $5.30 per ton milled and mining costs of $1.14 per ton mined.


(x) Operating cash cost and Operating cash cost per ton are non-GAAP
performance measures, and are furnished to provide additional
information, and do not have a meaning within GAAP and, therefore,
amounts presented may not be comparable to similar data presented by
other mining companies. These performance measures should not be
considered in isolation as a substitute for measures of performance
in accordance with GAAP.



Recoveries

As previously announced, Mineral Park personnel have determined, through extensive testing in the lab and utilizing industry recognized consultants, that underperforming recoveries were the result of not having enough retention time in the rougher flotation tanks and not enough horse power in the motors driving the agitators in the rougher flotation tanks. During January, February and ongoing, the mill has tested the lab work by adding horsepower to two of the rougher motors and setting up a bank of molybdenum rougher flotation cells to add retention time to the rougher tails. Both tests are running continuously, with positive results. The additional horse power appears to have increased copper recoveries to approximately 76% and molybdenum recoveries to approximately 57% as compared to 73% for copper and 51% for molybdenum in the fourth quarter of 2009. Approximately 30% more horse power has been added to the last two roughers over the past month. Test work indicates that doubling the retention time along with the increase in horse power increase will permit the Company to achieve the design recoveries of 80% for copper and 75% for molybdenum. Additional flotation rougher tanks were already on order as part of the Phase 2 mill expansion and are scheduled to start being delivered to the mine during May, with full installation by the end of the third quarter of 2010. The installation of these tanks, plus one additional tank will double retention time at the 30,000 ton per day throughput rate. Additional tanks are being ordered for the Phase 2 to ensure this extended retention time is maintained as production ramps up to the Phase 2 throughput of 50,000 tons per day.

Note Refinancing

Mercator also reports that it closed the refinancing of the $120 million 11.5 % notes on April 6, 2010. The new $130 million bank financing cut current interest rates by more than half, from 11.5% to 4.83%, representing a savings of approximately $700,000 per month. The interest rate reduction in 2010 represents a potential savings of $0.42 per pound of copper sold forward. While management believes the medium and long term fundamentals of copper are very good, the Company has structured a risk management program in support of the recent refinancing and the development plans for the expansion of Mineral Park and its El Pilar project in Mexico. A total of 145 million lbs of copper have been sold forward over a six year term at an average net price to the company of $3.01 per lb, net of all costs. This forward sale totals less than 11% of the Mineral Park proven and probable mineral reserves as announced on March 31, 2010 and only 48% of the planned production during the term of the loan. None of the Company's molybdenum production has been forward sold. The quantities forward sold and the net weighted prices to be received are set out in the table below.


YEAR Copper (lbs) Annual Average
2010 11,587,483 $3.098
2011 33,968,785 $3.115
2012 27,698,846 $3.045
2013 24,630,015 $2.983
2014 22,725,223 $2.933
2015 20,688,154 $2.893
2016 3,836,039 $2.880
Total 145,134,544 $3.01
-------------------------------------------------------------------------



About Mercator Minerals Ltd.

Mercator Minerals Ltd. is a TSX listed mining company with an experienced management team that has brought the mill expansion at the Mineral Park Mine, one of the largest and most modern copper-moly mining-milling operations in North America to production in less than 2 years. Mercator management is dedicated to maximizing profits at the Mineral Park Mine and the development of the El Pilar copper project in Mexico.

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this press release.

http://finance.yahoo.com/news/Mercator-Reports-Improving-cnw…

[derogher]

habe mir mal die mühe gemacht und auf basis der letzten pressemitteilung eine rechnung aufgestellt:
alles "vor steuer" und "abschreibungen/finanzierungen
basis(heute): preis kupfer 3,20 $/lbs moly 17 $/lbs
märz: gewinn CU 1,83 Mio / MOL 0,85 Mio / zus. 2,68 Mio $
april: gewinn CU 4,35 Mio / MOL 1,69 Mio / zus. 6,04 Mio $

auf jahresbasis hochgerechnet(aprilzahlen): 72,5 Mio $
unterstelltes KGV von 10 ergibt ein potenzial von über 80 % zum heutigem kurs. ca 3,75 $

ist natürlich sehr vage und nur als grobe richtung anzusehen.
einwände und kommentare erwünscht

[Schorsch°]

Antwort auf Beitrag Nr.: 39.520.936 von derogher am 14.05.10 14:26:21

Gute Rechnung. Jetztiger Kurs ist ein Witz.

[Extrabreit]

Antwort auf Beitrag Nr.: 39.523.007 von Schorsch° am 14.05.10 18:06:51

ist wohl noch viel Arbeit...


Mercator Reports First Quarter Results and Provides Operations Update
cnwgroup

o
Buzz up! 0
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Press Release Source: Mercator Minerals Ltd. On Monday May 17, 2010, 9:16 am EDT

(Stated in US Dollars unless otherwise indicated)
TRADING SYMBOL: TSX - ML
VANCOUVER, May 17 /CNW/ - Mercator Minerals Ltd. ("Mercator" or the "Company") reports its results for the three month period ended March 31, 2010. This release should be read with the Company's unaudited financial statements and management discussion and analysis available on the Company's website and filed on SEDAR under the Company's issuer profile.

After the accrual for interest and interest payments of $3.56 million ($3.45 million in interest accrued on the Notes issued by the Company in 2007) and $5.36 million in non-cash items including accretion, amortization and stock based compensation, the Company recorded a net loss of $11.5 million or $0.06 per share compared to a loss of $10.65 million or $0.11 per share for the corresponding period in 2009.

During the period, the Company generated revenues of $23.88 million, a 376% increase over revenues of $6.34 million in the first quarter of 2009 on the shipment of 6,000,374 pounds of copper in concentrates (2009 - 2,306,308 pounds), 628,490 pounds of molybdenum in concentrates (2009 - 94,094 pounds), 64,952 ounces of silver (2009 - 12,240 ounces) and 777,410 pounds of cathode copper (2009 - 1,175,128 pounds).

For the first quarter of 2010, Mineral Park produced 5,432,225 pounds of copper in concentrates (2009 - 2,306,308 pounds), 638,512 pounds of molybdenum in concentrates (2009 - 94,094 pounds), 64,952 ounces of silver (2009 - 12,240 ounces) and 777,410 pounds of cathode copper (2009 - 1,175,128 pounds).

Mill throughput totaled 2.04 million tons (2009 - 1.45 million tons) or 22,340 tons per day (2009 - 16,176 tons per day), and averaged 0.224% copper (2009 - 0.274% copper), 0.039% molybdenum (2009 - 0.021% molybdenum) and 0.115 oz/ton silver (2009 - 0.046 oz/ton silver). Mill recoveries averaged 60.1% for copper, 40.3% for molybdenum and 27.4% for silver. As previously announced recoveries in the first quarter were affected by circuit testing and tonnage testing and have seen significant improvements since. The Company has determined that underperforming recoveries were the result of insufficient retention time in the rougher flotation tanks and not enough horse power in the motors driving the agitators in the roughers. During the first part of the quarter, the Company added horsepower to two of the rougher motors and set up a bank of molybdenum rougher flotation cells to add retention time to the rougher tails. The net effect of these tests indicated positive results.

"Production at Mineral Park continues to improve, through the end of the quarter, with March and April showing clear indications of the improvements that have been made and we continue to make at Mineral Park," said Mike Surratt President and CEO. "We are making steady progress" Surratt stated. "With the increased horsepower and the incorporation of additional rougher flotation, leading to increased recoveries, we are increasingly confident that we can meet or exceed our design parameters over the coming months", said Michael L. Surratt, President and CEO.


Financial Highlights for the Three Months ended March 31, 2010

- Revenues from copper, moly and silver sales for the three month period
ended March 31, 2010 of $23.88 million compared to $6.34 million for
the corresponding period in 2009;

- Production of 5,432,225 pounds of copper in concentrates (2009 -
2,306,308 pounds), 638,512 pounds of molybdenum in concentrates (2009
- 94,094 pounds), 64,952 ounces of silver (2009 - 12,240 ounces) and
777,410 pounds of cathode copper (2009 - 1,175,128 pounds);

- Net loss for the three month period ended March 31, 2010 of $11.55
million compared to a net loss of $10.65 million for the corresponding
period in 2009.

- Estimated cash operating cost(x) on first quarter 2010 production of
$2.67 for copper and $12.88 for molybdenum, also on a co-product
basis;



As previously reported, subsequent to the end of the period, the Company
closed the refinancing of and subsequently redeemed, in full, the $120 million
11.5 % notes. The new bank financing reduced current interest rates by more
than half, from 11.5% to 4.83%, representing a savings of approximately
$700,000 per month, representing a potential savings of $0.42 per pound of
copper sold forward. While management believes the medium and long term
fundamentals of copper are very good, the Company also structured a risk
management program in support of the recent refinancing and the development
plans for the expansion of Mineral Park and the El Pilar project in Mexico. A
total of 145 million lbs of copper have been sold forward over a six year term
at an average net price to the Company of $3.01 per lb, net of all costs. This
forward sale totals less than 11% of the Mineral Park proven and probable
mineral reserves as disclosed by the Company in the Annual Information form
for the year ended December 31, 2010.

All financial information contained herein should be read in conjunction with the Company's Management Discussion and Analysis and unaudited financial statements for the period ended March 31, 2010 and the Management Discussion and Analysis and Audited consolidated financial statements for the years ended December 31, 2009 and 2008 and related notes thereto available under the Company's profile on www.sedar.com.

Gary Simmerman, BSc., Mercator's VP Engineering, a Qualified Person as defined by NI43-101, supervised the preparation of and verified the Mercator technical information contained in this release.

Mercator Minerals Ltd.

Mercator Minerals Ltd. is a TSX listed mining company with an experienced management team that has brought the mill expansion at the Mineral Park Mine, one of the largest and most modern copper-moly mining-milling operations in North America to production in less than 2 years. Mercator management is dedicated to maximizing profits at the Mineral Park Mine and the development of the El Pilar copper project in Mexico.


On Behalf of the Board of Directors
MERCATOR MINERALS LTD.

Per: "Michael L. Surratt"
Michael L. Surratt,
President

The Toronto Stock Exchange does not accept responsibility for the
adequacy or accuracy of this press release.



Forward Looking Information

This press release contains certain forward-looking statements, which include estimates, forecasts, and statements as to management's expectations with respect to, among other things, the use of proceeds, the completion of the transaction, the size and quality of the Company's mineral reserves and mineral resources, future production, capital and mine production costs, demand and market outlook for commodities, and the financial results of the Company and discussions of future plans, projections and objectives. In addition, estimates of mineral reserves and resources may constitute forward looking statements to the extent they involve estimates of the mineralization that will be encountered if a property is developed. These forward-looking statements involve numerous assumptions, risks and uncertainties and actual results may vary. Factors that may cause actual results to vary include, but are not limited to, certain transactions, certain approvals, changes in commodity and power prices, changes in interest and currency exchange rates, inaccurate geological and metallurgical assumptions (including with respect to the size, grade and recoverability of mineral reserves and resources), unanticipated operational difficulties (including failure of plant, equipment or processes to operate in accordance with specifications, cost escalation, unavailability of materials and equipment, delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), political risk, social unrest, and changes in general economic conditions or conditions in the financial markets. These risks are described in more detail in the Annual Information Form of the Company. The Company does not assume the obligation to revise or update these forward-looking statements after the date of this report or to revise them to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws. For a more complete discussion, please refer to the Company's audited financial statements and MD&A for the year ended December 31, 2009 on the SEDAR website at www.sedar.com.

(x) Operating cash cost and Operating cash cost per ton are non-GAAP performance measures, and are furnished to provide additional information, and do not have a meaning within GAAP and, therefore, amounts presented may not be comparable to similar data presented by other mining companies. These performance measures should not be considered in isolation as a substitute for measures of performance in accordance with GAAP.

For further information

Marc LeBlanc, VP Corporate Development and Corporate Secretary, Tel: [phone], Fax: [phone], Email: [e-mail]

[Twombly]

Antwort auf Beitrag Nr.: 39.520.936 von derogher am 14.05.10 14:26:21

Danke für die Infos und Bewertungen. Leider wird der Kurs gerade ziemlich geprügelt und geht jetzt erstmal auf die 1,50 CAD zu. Da beruhigt es doch zu wissen, dass ML fundamental auf gutem Wege ist.

Gruß Tw

[Schorsch°]

net loss of $11.5 million or $0.06 per share
Wegen den nicht so schlechten Rohstoffpreisen, habe ich eigentlich nicht mit -00,6 gerechnet. Muß mal das Ergebniss anschauen woher die kommen oder kann es mal hier jemand erklären?
Nach der Rechnung von derogher, wäre der Kurs wirklich ein Witz gewesen.

[derogher]

Antwort auf Beitrag Nr.: 39.535.489 von Schorsch° am 17.05.10 22:02:03

meine rechnung beruht ausschl. auf den produktionsraten vom april.
januar und februar waren sehr schlecht. der märz so lala.
wenn in mai und juni weitere steigerungen gegenüber april zu verbuchen sind, vermute ich für Q2 trotz finanzierungskosten einen gewinn. leider ist der chart nicht gerade ermutigend.

[Schorsch°]

Antwort auf Beitrag Nr.: 39.537.179 von derogher am 18.05.10 10:12:25

Da haben wohl gestern viele aus Frust geschmissen. Die Aussichten sind nicht schlecht.

[neuflostein]

Hmmm. etwas übertrieben finde ich den derzeitigen Absturz dann doch. Immerhin hat ML die nächsten Jahre das Kupfer zu einem guten Teil gehedgt.

Jetzt bald mal kaufen?

[neuflostein]

Antwort auf Beitrag Nr.: 39.548.222 von neuflostein am 19.05.10 16:31:51

uiuiuuiui, das sieht ja ganz übel aus. Wenn ML noch nen Euro kostet, greife ich zu.

[Twombly]

Das ist ja schon freier Fall, 30% in 2 Tagen!

[Schorsch°]

Ja, unglaublich.

[Twombly]

Antwort auf Beitrag Nr.: 39.560.386 von Schorsch° am 20.05.10 22:36:12

Na, immerhin legt sie auch einen schönen Rebound hin.

Goldman Sachs sieht Kupfer langfristig positiv neben Öl, Platin und Korn. http://www.mineweb.com/mineweb/view/mineweb/en/page36?oid=10…

Ich denke mit ML long ist man gut dabei.

Gruß Tw

[Martin12345]

Antwort auf Beitrag Nr.: 39.567.222 von Twombly am 21.05.10 20:20:27

Ich geh dann mal zur Bank und hol mir sämtliches Geld was ich kriegen kann.
Wenn Goldman Sucks das sagt, dann kann man ja eigentlich gleich mit 1000-prozentigen Kredithebel investieren.

Nun meine Prognose: Langfrisitig ist man tot.

Grüße
Martin

[Twombly]

Antwort auf Beitrag Nr.: 39.567.305 von Martin12345 am 21.05.10 20:36:31

[ernestokg]

Antwort auf Beitrag Nr.: 39.567.305 von Martin12345 am 21.05.10 20:36:31

IMO gehen die von einem Rückfall in die Rezession aus und sehen Kupfer in den Keller rauschen !
Da möchte man natürlich alles was mit Cu zu tun hat noch schnell beim unbedarften Volk abladen !

[derogher]

Mercator Reports Record Month at Mineral Park

All currencies in US$ unless otherwise specified.
VANCOUVER, June 8 /CNW/ - Mercator Minerals Ltd. ("Mercator" or the "Company") is pleased to announce its production results for May 2010, totaling 3,152,221 lbs. of copper, 331,923 lbs of molybdenum and 45,914 ounces of silver. May was a record month for molybdenum production, as a result of the improvements in the recovery levels achieved in April.

"Successively better production at Mineral Park during March, April, and May are a direct consequence of the plant improvements we have made and will continue to make at Mineral Park," said Mike Surratt President and CEO. "We are making steady progress, with increasing recoveries and falling unit operating costs."

Production & Operating Cash Costs per pound

The Company recorded estimated (unaudited) operating cash costs(x) of $1.72 per pound of copper and $10.23 per pound of molybdenum on a co-product basis (costs are divided proportionally based on the percentage of revenue from copper and molybdenum and the netting of silver revenue equally). Year-to-date monthly production has averaged 2.4 million pounds of copper and 238,000 pounds of molybdenum at an estimated operating cash cost(x) of $2.35 per pound of copper and $12.36 per pound of molybdenum on the same co-product basis. First quarter 2010 production was 6.2 million pounds of copper and 638,512 pounds of molybdenum. Mercator plans on reporting quarterly production results only on a go forward basis, however, the Company believes that these monthly results help illustrate the significant progress being made and are therefore provided to assist shareholders in benchmarking this progress.

Cash Costs per ton

Operating cash costs per ton(x) have also continued to improve, with estimated May milling costs of $4.48 per ton milled and mining costs of $1.07 per ton mined. This compares with operating cash costs per ton(x) in the first quarter 2010 of $5.30 per ton milled and mining costs of $1.14 per ton mined.

Recoveries

Recoveries for May averaged 76.6% for copper and 54.5% for molybdenum as compared to 72.1% for copper and 42.0% for molybdenum for the month of April. The Company continues to make modifications to the circuit to improve recoveries while proceeding with the installation of the additional rougher flotation cells, which is scheduled for completion in September.

Note Refinancing

Mercator also reports that an interest rate swap was completed on $50 million of the $100 million term loan that closed on April 26, 2010. The interest rate swap resulted in a net current effective interest rate of approximately 5.8%, on the total of the term loan as compared to 11.5% interest on the previously issued and repurchased notes.

Gary Simmerman, BSc., Mining Eng. FAusIMM, Mercator's VP Engineering, a Qualified Person as defined by NI43-101, supervised the preparation of and verified the technical information contained in this release.

About Mercator Minerals Ltd.

Mercator Minerals Ltd. is a TSX listed mining company with an experienced management team that has brought the mill expansion at the Mineral Park Mine, one of the largest and most modern copper-moly mining-milling operations in North America to production in less than 2 years. Mercator management is dedicated to maximizing profits at the Mineral Park Mine and the development of the El Pilar copper project in Mexico.

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this press release.

http://finance.yahoo.com/news/Mercator-Reports-Record-Month-…

[Twombly]

Na, das ist doch mal eine gute Nachricht in den stürmischen Zeiten. Wennn der Cu-Preis wieder dreht, wird ML auch wieder eine anständige Bewertung zeigen. (Man verzeihe mir den Optimismus!)

Tw

[Twombly]

Mercator Reports Second Quarter Operating Results at Mineral Park
7/13/2010 8:14 AM - Canada NewsWire

VANCOUVER, Jul 13, 2010 (Canada NewsWire via COMTEX News Network) --

All currencies in US$ unless otherwise specified.

Mercator Minerals Ltd. ("Mercator" or the "Company") is pleased to announce its production results for June 2010, totaling 3,089,472 lbs of copper, 396,184 lbs of molybdenum and 44,596 ounces of silver in concentrates. June was a record month for molybdenum production. These results bring second quarter production to 9.0 million lbs of copper, 0.95 million lbs of molybdenum and over 100,000 ounces of silver in concentrates. All figures in this news release are management estimates and are unaudited.

Revenues of $23.8 million were also a record for June and bring the second quarter revenues from Mineral Park to $56.1 million. Estimated operating cash flow for Mineral Park for the second quarter was $25.6 million.

"We are very pleased with the mine's progressively improved performance since the beginning of the year, and applaud our mine and plant staff for an impressive and record month at Mineral Park," said Mike Surratt, President and CEO.

Production & Operating Cash Costs per pound

During the three months ended June 30, 2010, the Company recorded estimated operating cash costs* of $1.88 per pound of copper and $9.97 per pound of molybdenum on a co-product basis (costs are divided proportionally based on the percentage of revenue from copper and molybdenum and the netting of silver revenue equally). Second quarter 2010 production was 9.0 million pounds of copper and 948,443 pounds of molybdenum and 117,185 oz. of silver.

Copper & Molybdenum Recoveries

Molybdenum recoveries increased to 57.7% in June as compared to 54.5% in May for the entire second quarter, copper recoveries averaged 73.8% compared to 60.1% for the first quarter, while molybdenum recoveries averaged 52.1% in the second quarter compared to 40.3% for the first quarter.

Additional rougher tanks are on schedule for startup the end of September. The first 3 tanks are on site and the concrete will be complete the second week of July. Support steel for the rougher tanks is being set. These tanks will provide more residence time for molybdenum and copper, with the objective of further improving recoveries.

Cash Costs per ton

Operating cash costs per ton* have also continued to improve, with estimated second quarter milling costs of $4.89 per ton milled and mining costs of $1.09 per ton mined. This compares with operating cash costs per ton* in the first quarter 2010 of $5.60 per ton milled and mining costs of $1.20 per ton mined.

Second Quarter Operating Results

For the second quarter of 2010, Mineral Park produced 8,180,422 pounds of copper in concentrates (Q1- 5,432,225 pounds), 948,443 pounds of molybdenum in concentrates (Q1- 638,512 pounds), 117,185 ounces of silver (Q1 - 64,952 ounces) and 824,966 pounds of cathode copper (Q1- 777,410 pounds).

Mill throughput totalled 2.31 million tons (Q1 - 2.06 million tons) or 25,371 tons per day (Q1 - 22,948 tons per day), and averaged 0.24% copper (Q1 - 0.22% copper), 0.039% molybdenum (Q1 - 0.038% molybdenum) and 0.10 oz/ton silver (Q1 - 0.12 oz/ton silver). Mined grades continue to meet or exceed planned grades.

Gary Simmerman, BSc., Mining Eng. FAusIMM, Mercator's VP Engineering, a Qualified Person as defined by NI43-101, supervised the preparation of and verified the technical information contained in this release.

About Mercator Minerals Ltd.

Mercator Minerals Ltd. is a TSX listed mining company with an experienced management team that has brought the mill expansion at the Mineral Park Mine, one of the largest and most modern copper-moly mining-milling operations in North America to production in less than 2 years. Mercator management is dedicated to maximizing profits at the Mineral Park Mine and the development of the El Pilar copper project in Mexico.

[derogher]

UPDATE 1-Mercator Minerals posts Q2 profit


Mercator Minerals Ltd.
ML.TO
$1.94
+0.01+0.52%
12:00am GMT+0200

Fri Aug 13, 2010 9:06am EDT

* Q2 EPS $0.01 vs loss $0.04/shr last year

* Revenue rises 150 pct

Aug 13 (Reuters) - Canadian miner Mercator Minerals Ltd (ML.TO) posted a second-quarter profit, helped by higher copper and molybdenum sales and prices.

Vancouver-based Mercator posted a profit of $2.9 million, or 1 cent a share. That compares with net loss of $4.4 million, or 4 cents a share, last year.

Included in the results are a one-time charge of $6 million as an extraordinary item for the premium paid on the early redemption of notes issued by the company in 2007, and additional non-cash items of $10.1 million.

On an adjusted basis, the company earned $19 million in the quarter.

Revenue jumped more than two folds to $53 million.

Shares of the company, which have fallen 12 percent in the past three months, closed at C$1.81 Thursday on the Toronto Stock Exchange. (Reporting by Isheeta Sanghi in Bangalore; Editing by Maju Samuel)

http://www.reuters.com/article/idAFSGE67C0G320100813?rpc=44

[derogher]

habe mal meinen beitrag von vor 3 monaten wieder rausgepickt:
"
14.05.2010
habe mir mal die mühe gemacht und auf basis der letzten pressemitteilung eine rechnung aufgestellt:
alles "vor steuer" und "abschreibungen/finanzierungen
basis(heute): preis kupfer 3,20 $/lbs moly 17 $/lbs
märz: gewinn CU 1,83 Mio / MOL 0,85 Mio / zus. 2,68 Mio $
april: gewinn CU 4,35 Mio / MOL 1,69 Mio / zus. 6,04 Mio $

auf jahresbasis hochgerechnet(aprilzahlen): 72,5 Mio $
unterstelltes KGV von 10 ergibt ein potenzial von über 80 % zum heutigem kurs. ca 3,75 $

ist natürlich sehr vage und nur als grobe richtung anzusehen.
einwände und kommentare erwünscht
"

nun mal mit den zahlen von Q2 gerechnet.
gewinn vor steuer/abschreibungen/finanzierungen 19mio US $
umsatz 53mio US $
ohne weiteren steigerungen der produktion auf jahresbasis:
212 mio / 76 mio (gehe davon aus, dass wir nach einmalzahlungen für rückführung der kredite ca. die hälfte nach steuern erwitschaften werden, ca. 36 mio $)
aktuelle aktienanzahl ca 195 mio x 1,95 = 380,25/36 = KGV 10,5

völlig unberücksichtigt ist die sehr zeitnahe erweiterung der tonnage von 25000t/d auf 50000t/d. diese sollte in kürze möglich sein.(spätestens jahresende)
zudem ist el pilar nicht enthalten.
preisschwankungen von CU und MO auch nicht.
mein pers. ziel bleiben weiterhin 3,75 $

[Schorsch°]

Antwort auf Beitrag Nr.: 40.012.862 von derogher am 19.08.10 14:08:24

Danke für Deine Einschätzung. Der Kurs über 3CAD wäre schon toll, wir haben schon genug gelitten.

[derogher]

Mercator Secures Power to Complete Phase II Expansion at Mineral Park

Press Release Source: Mercator Minerals Ltd. On Tuesday August 31, 2010, 8:15 am

VANCOUVER, Aug. 31 /CNW/ - Mercator Minerals Ltd. (the "Company") (TSX - ML) is pleased to announce its wholly-owned subsidiary Bluefish Energy Corporation ("Bluefish") has entered into a contract to purchase a LM6000 PF Sprint Gas Turbine from GE Packaged Power, Inc. The turbine will supply power for Phase II at Mineral Park and is scheduled for delivery at the end of November 2010. The gas turbine has a design capacity of 35 MW against the overall requirements of the Phase II operation at 50,000 tons per day of 57 MW. Mineral Park currently purchases approximately 25 MW from the grid. The turbine is expected to be fully operational by the end of the first quarter of 2011.

Bluefish has executed a committed term sheet (subject only to standard documentation) with Trafigura AG ("Trafigura") to provide the equipment financing on a non recourse basis, secured by its assets, in the amount of US$21 million over a term of 7 years.

Concurrent with Bluefish securing the financing for the purchase of the gas turbine, Mineral Park has entered into a long term off-take contract with Trafigura for annual volumes of 70,000 dry metric tons of copper concentrate over a term of 7 years. Delivery conditions will provide material savings on freight, smelting and refining costs when sold to domestic outlets.

"The purchase of the gas turbine is the optimal power solution to complete the Phase II expansion at Mineral Park allowing for the effective management of a significant cost component, including the opportunity to hedge power costs," said Michael Surratt, President & CEO of Mercator. "Beyond the ability to finance a power solution on favorable terms, the off-take partnership with Trafigura will positively impact total cash costs," added Surratt.

Trafigura AG is a wholly owned subsidiary of Trafigura Beheer B.V., one of the world's leading international commodity traders, specializing in the minerals, metals and oil markets.

Mercator Minerals Ltd.

Mercator Minerals Ltd. is a TSX listed mining company with an experienced management team that has brought the mill expansion at the Mineral Park Mine, one of the largest and most modern copper-moly mining-milling operations in North America to production in less than 2 years. Mercator management is dedicated to maximizing profits at the Mineral Park Mine and the development of the El Pilar copper project in Mexico.
http://finance.yahoo.com/news/Mercator-Secures-Power-to-cnw-…

....mühsam ernährt sich das eichhörnchen...
trotzdem sehr positiv die kosten für energie zu senken.

[derogher]

Mercator Provides August Update on its Mineral Park Mine

All currencies in US$ unless otherwise specified.
VANCOUVER, Sept. 13 /CNW/ - Mercator Minerals Ltd. ("Mercator" or the "Company") (ML: TSX) today reported that August production for its Mineral Park copper-molybdenum mine continued in line with the improved results achieved in the second quarter of 2010, producing 3,235,927 pounds of copper, a record 451,823 pounds of molybdenum and 55,976 ounces of silver during the month. Tons processed and metal recoveries were above the prior quarter and the previous month. Molybdenum recoveries improved over the previous month of 58% to 66% in August. Copper concentrates grades averaged over 20% in August and Molybdenum concentrate grades averaged over 50%, both meet forecast. All figures herein are management estimates and are unaudited.

Mineral Park Mine

As noted above, production improvements achieved during the second quarter of 2010 were improved in July and then again in August. Mercator expects to continue at these performance levels until the additional flotation tanks are brought on line the first of October and then, subsequently, when the Phase 2 expansion is completed.

Mercator reports that construction of the rougher flotation expansion continued on schedule with the completion of concrete and support steel, and mechanical and electrical on schedule. The tanks are scheduled for start-up the first of October and will provide additional retention time, which is expected to further improve copper and molybdenum recoveries. All four Phase 2 ball mill shells are on site and installation is in progress. All the concrete for the Phase 2 ball mills is complete. During the month financing was arranged and an order was placed for a 35 megawatt GE LM 6000 gas turbine which when installed will supply all the power for Phase 2 production of 50,000 tons per day of mill through put. The turbine is scheduled for delivery the first of December 2010 and scheduled to be fully operational in April of 2011.


http://finance.yahoo.com/news/Mercator-Provides-August-cnw-6…

[Schorsch°]

Sie steigt und alle geniesen still

[OnkelDilbert]

Antwort auf Beitrag Nr.: 40.250.148 von Schorsch° am 01.10.10 17:14:44

Jou, so isses.

Immerhin 15 Leser heute...

Jetzt Angriff auf richtig hohe Kurse

Schöne Grüße, O.D.

[Scatlover]

"Mercator Reports Rougher Expansion Update and Third Quarter Operating Results at Mineral Park

Oct. 27, 2010 (Canada NewsWire Group) --

All currencies in US$ unless otherwise specified.

VANCOUVER, Oct. 27 /CNW/ - Mercator Minerals Ltd. ("Mercator" or the "Company") is pleased to announce that the rougher cell expansion at Mineral Park was completed on schedule during the first week of October. After 3 weeks of operation, copper recoveries have increased to 82% (versus target of 80%) and molybdenum recoveries have increased to 71% (versus target of 75%). The third quarter saw production of 9,032,269 lbs of copper, 1,236,443 lbs of molybdenum, and 135,136 ozs of silver, with recoveries of 75% and 58% for copper and molybdenum, respectively. All figures in this news release are management estimates and are unaudited.

Revenue from Mineral Park was $59.1 million during third quarter, with operating cash flow estimated at $24 million.

"The new roughers at Mineral Park are living up to expectations" said Mike Surratt, President and CEO. "We are still making system adjustments and training crews how to effectively run the new circuits, but we expect continued improvements in recoveries, particularly with respect to molybdenum" added Surratt.

Third Quarter Production

For the third quarter of 2010, Mineral Park produced 8,125,396 lbs of copper in concentrates (Q2- 8,180,422 lbs), 864,635 lbs of cathode copper (Q1- 824,966 lbs), 1,236,443 lbs of molybdenum in concentrates (Q2-948,443 lbs), and 135,136 ozs of silver (Q2 - 117,185 ozs).

Mill throughput totalled 2.52 million tons (Q2 - 2.31 million tons) or 27,420 tons per day (Q2 - 25,371 tons per day), and averaged head grades of 0.22% copper (Q2 - 0.24% copper), 0.039% molybdenum (Q2 - 0.039% molybdenum) and 0.09 oz/ton silver (Q1 - 0.10 oz/ton silver). Mined grades continue to meet or exceed planned grades.

Turbine Financing

The previously announced $21 million facility to fund a new gas turbine for Phase 2 operation at Mineral Park was completed October 21st. The turbine is scheduled for delivery the first week of December and is expected to commence operation in April of 2011. The unit is a 34 megawatt GE LM 6000 turbine that will, in concert with the existing grid usage, supply all of the power for the 50,000 tons per day Phase 2 expansion.

El Pilar Update

El Pilar run of mine bulk testing has been operating for over 69 days with encouraging results. The test contains 300 tons apiece and are in 2 large concrete bins, referred to as "cribs". Crib 1 has demonstrated a calculated copper recovery rate of 51% over the 69 days, while Crib 2 has recovered 48% of calculated copper. The El Pilar feasibility study used 60% recovery over 120 days on material crushed to less than six inches. Contained grades within the pregnant leach solution ("PLS") have been high starting out at over 4 grams per liter and are still 1.39 grams per liter and 1.24 grams per liter after 69 days for Cribs 1 and 2, respectively. The high recoveries and good PLS grades after 69 days indicate that run of mine leaching could be a viable processing mechanism at El Pilar given its capital and operating advantages.

Gary Simmerman, BSc., Mining Eng. FAusIMM, Mercator's VP Engineering, a Qualified Person as defined by NI43-101, supervised the preparation of and verified the technical information contained in this release.

..."

http://tmx.quotemedia.com/article.php?newsid=35139064&qm_sym…

[OnkelDilbert]

Antwort auf Beitrag Nr.: 40.251.897 von OnkelDilbert am 01.10.10 21:53:39

Hallo,... hallo.... ??

ist hier noch jemand?

Schorsch, vor zwei Monaten warst du noch präsent. Wie sind die neuesten Produktionsdaten? Rohstoffpreise steigen, da müsste M doch glänzend verdienen.

Still und leise geht's voran

Schöne Grüße, O.D.

[Schorsch°]

Antwort auf Beitrag Nr.: 40.628.072 von OnkelDilbert am 01.12.10 22:12:54

Klar bin ich noch dabei. Mercator verdient gut.
Mit den neusten Produktionsdaten habe ich mich noch nicht beschäftigt. Schade, wenn ich 2009 im Kurstief noch freies Geld gehabt hätte. Was für ein Comeback....

[OnkelDilbert]

Antwort auf Beitrag Nr.: 40.628.189 von Schorsch° am 01.12.10 22:25:07

Es gibt noch Gleichgesinnte

MANNOMANN, heute schon wieder dick im Plus, wir steuern die früheren Höhen an...

Schöne Grüße, O.D.

[Twombly]

Antwort auf Beitrag Nr.: 40.636.873 von OnkelDilbert am 02.12.10 23:05:24

Bin auch noch dabei. Hab das Apriltief durchgestanden und das Comeback vorausgesagt.
ML hat noch Potential und wird weitermarschieren.
Wär schön wenn jemand weiterhin die Quartalsberichte kommentiert.

Gruß Tw

[OnkelDilbert]

Antwort auf Beitrag Nr.: 40.644.074 von Twombly am 03.12.10 19:55:11

Hi Twombly,

unglaublich, wir sind schon zu dritt hier

bin schon länger investiert und freue mich, die alten Kurshöhen wieder zu sehen

Scheint 'ne klasse Jahresendralley zu geben.

Schöne Grüße, O.D.

[Punicamelon]

Bin schon länger bei Mercator dabei und hatte mir damals von der Aktie mehr erhofft. Insbesondere stand damals auch noch der Molybdänpreis bei über 33Dollar pro lbs.! Mit diesem Preis würden wir bestimmt schon über 10Euro stehen und dann wärs ok für mich gewesen.
Nachgekauft (also verbilligt), habe ich mich 2008/2009 nicht getraut und habe dafür den grossen Bruder Moly Mines bevorzugt. Jetzt ist die Frage, ob man Mercator bald mal verkauft. Die Nächste Rezession steht sicher bald an, das ist nur eine Frage der Zeit und dann halbieren sich Silber-, Moly-, und Kupferpreis sicher und damit auch der Wert der Mercator Aktie.
Bloss 2Jahre Aufschwung seit dem Tief ist noch nicht viel und wir haben noch nicht einmal das Wirtschaftsniveau der Vorrezession erreicht.
Was ist Eure Strategie?

[derogher]

Mercator's Mineral Park Mine Sets Molybdenum Production Record and Announces Year End Production Results

VANCOUVER, Jan. 5 /PRNewswire/ - Mercator Minerals Ltd. ("Mercator" or the "Company") is pleased to announce that its wholly owned Mineral Park mine has produced a record 541,563 pounds of molybdenum in the month of December. This is the highest monthly molybdenum production rate achieved since mill start-up at Mineral Park, and culminates a year of substantially increased production levels for Mercator. Mineral Park produced a total of 1,527,995 pounds of molybdenum in the fourth quarter, resulting in total production of 4,349,937 pounds of molybdenum for the year.

Copper production at Mineral Park was sustained at 2,640,010 pounds of copper for the month of December (213,516 pounds from cathode). Mercator ended the quarter with total production of 7,924,418 pounds of copper (686,856 from cathode), resulting in a total of 32,171,709 pounds of copper (3,153,867 pounds from cathode) produced during the year.

Silver production at Mineral Park was 52,716 ounces for the month of December, resulting in fourth quarter production of 148,463 ounces and annual production of 465,736 ounces for the year.

"2010 was a pivotal year for the advancement of Mineral Park into a major copper/molybdenum producer. Mineral Park continues its expansion program, which will see further and demonstrable increases in production to what is already one of the largest long life mines in North America. The advanced copper development project at El Pilar is also scheduled to commence construction within the year," said Mike Surratt, President and CEO. Surratt added, "It is the effort and dedication of our operating team that has developed Mercator into the premier and growing base metal company that it has become."

Gary Simmerman, BSc., Mercator's VP Engineering, a Qualified Person as defined by NI43-101, supervised the preparation of and verified the Mercator technical information contained in this release.

http://finance.yahoo.com/news/Mercators-Mineral-Park-Mine-pr…



wenn der moly- preis deutlicher anzieht und sich kupfer in neuen höhen hält spricht nich viel dagegen, dass wir die 6 CAD $ noch sehen

[OnkelDilbert]

Antwort auf Beitrag Nr.: 40.799.445 von Punicamelon am 04.01.11 20:44:54

Hi Punicamelon,

vorerst halte ich - da ist noch viel Luft nach oben.

Andererseits geht jede Ralley auch mal zu Ende: also immer scharf beobachten...

Schöne Grüße, O.D.

[derogher]

Mercator Minerals Appoints New Chief Financial Officer


Press Release Source: Mercator Minerals Ltd. On Monday January 17, 2011, 8:15 am EST

VANCOUVER, Jan. 17 /CNW/ - Mercator Minerals Ltd. ("Mercator" or the "Company") (ML: TSX) is pleased to announce the appointment of Mr. Mark W. Distler, CPA., as Chief Financial Officer of the Company effective January 15, 2011.

Mr. Distler possesses senior-level financial executive experience, including positions with publicly listed mining companies, Frontera Copper Corporation and Freeport-McMoRan (Phelps Dodge Corporation). Mr. Distler holds both a Bachelor of Science in Accounting and has been a Certified Public Accountant since 1989.

Mr. Distler takes over from Mr. Raymond R. Lee, who has been with Mercator since 2000 serving as a Director since 2000 and as its CFO from 2002 to present, and was one of the founders of the Company. Mr. Lee is retiring from the position of CFO but will continue as an advisor to the company and remains on the Board of Directors. Mike Surratt, President and CEO of Mercator stated, "The Board of Directors and I appreciate the contributions Ray has made during the years, from the start up of the Company, through the planning, construction and operation of the Mineral Park Mine. Ray has been a tremendous asset, and on behalf of the Board of Directors, I thank him for his outstanding service and contributions to Mercator over the years."

Mr. Surratt continued, "I am also pleased to welcome Mark to our team. His experience in the mining industry, both in Mexico and the United States, will further enhance the Company's management team as we complete the expansion at Mineral Park, develop and commence construction of the El Pilar copper project."

http://finance.yahoo.com/news/Mercator-Minerals-Appoints-cnw…

[derogher]

UPDATE 1-Mercator adopts takeover defense as precaution

* Says plan not in response to takeover offer

* Plan subject to shareholder approval

TORONTO Feb 9 (Reuters) - Mercator Minerals (ML.TO), which owns the Mineral Park mine in Arizona, said on Wednesday it had adopted a shareholder rights plan to protect against a takeover, but not in response to a specific threat.

"Although it is not aware of any pending or threatened takeover initiatives directed at the company, Mercator's board of directors today approved the adoption of a shareholder rights plan," the company said in a statement.

The poison pill defense is subject to shareholder approval and would be activated in the event of an entity trying to acquire more than 20 percent of the company's stock.

Global commodity prices are booming across the board on strong demand from ravenous markets in Asia, and metal producers are consolidating in a race to own more raw material resources.

Mercator runs the Mineral Park mine and is developing the El Pilar copper project in Mexico.

The Mineral Park mine produced 4.3 million pounds of molybdenum in 2010, as well as 32.2 million pounds of copper. Silver production for the year was 465,736 ounces. (Reporting by Pav Jordan; editing by Rob Wilson)


http://www.reuters.com/article/2011/02/09/mercator-idUSN0921…


ich hätte nichts gegen eine übernahme.... wenn der preis stimmt

[Punicamelon]

ich hätte nichts gegen eine übernahme.... wenn der preis stimmt

Ich bin gegen eine Übernahme, denn überlicherweise werden immer nur maximal +30% Aufschlag zum Aktienkurs bezahlt. Die Fördererweiterungen von Mercator sind viel zu gewaltig, als dass ich auf den entsprechenden Mehrwert gerne verzichten würde. Ich habe schon mehrere Übernahmen hinter mir und bin immer um den Lohn der Kurspotentiale gebracht worden. Aber letztendlich kann man sich das auch leider nicht aussuchen.

[derogher]

Mercator Announces 2011 Production Guidance, Phase II Update


Press Release Source: Mercator Minerals Ltd. On Tuesday March 8, 2011, 9:34 am

VANCOUVER, March 8 /CNW/ - Mercator Minerals Ltd. ("Mercator" or the "Company") (Toronto:ML.TO) is pleased to announce that production of copper and molybdenum for 2011 is projected to be approximately 40% higher than 2010 at the Company's wholly owned Mineral Park mine in Arizona. Copper production for 2011 is projected to be approximately 45.0 million pounds, as compared to 32 million pounds in 2010 and molybdenum production is projected to be approximately 6.0 million pounds, as compared to 4.3 million pounds in 2010.

2011 Projected Production by Quarter
Q1: 8.8 million lbs copper 0.9 million lbs molybdenum
Q2: 9.5 million lbs copper 1.0 million lbs molybdenum
Q3: 14.1 million lbs copper 1.8 million lbs molybdenum
Q4: 12.5 million lbs copper 2.3 million lbs molybdenum

Copper production represents both copper in concentrate and copper cathode. The significant increases in 3rd and 4th quarter production levels are attributable to the increase in throughput resulting from the completion of the Phase II plant expansion. Variability between copper and molybdenum weightings in the production profile are due to respective grade fluctuations in the 2011 mine plan.

Phase II Construction Update

Major milestones have either been achieved or are near completion in the Phase II expansion program, including:

* The SAG mill is fully installed and operational.
* The second line of ball mills is mechanically installed and the motors are being set.
* The second water line is complete and the pump station upgrades are in progress.
* The concrete for the second set of rougher cells is 50% complete.
* The main support structure for the second stacker is complete and all of the structural steel is on site.
* The second mill transformer is being installed.

Phase II construction is expected to be completed by the end of June, followed by a ramp-up period culminating in full capacity throughput of 50,000 tons per day in August.

"The expansion of Mineral Park continues on schedule and with the completion of Phase II, the mine will become one of the largest operations in North America", said Mike Surratt, Mercator's President & CEO.

Gary Simmerman, BSc., Mercator's VP Engineering, a Qualified Person as defined by NI43-101, supervised the preparation of and verified the Mercator technical information contained in this release.

http://finance.yahoo.com/news/Mercator-Announces-2011-cnw-36…

[Schorsch°]

40% höhere Produktion.

[Punicamelon]

Naja, eigendlich wollte man 2011 insgesamt auf 74Mio lbs Förderung kommen, also bis auf 18,5Mio lbs pro Quartal, daher auch die Aktienkurskorrektur der letzten zwei Wochen. Full Phase sind dann 100Mio lbs und längerfristig 162Mio lbs pro Jahr mit El Pilar. Also Mercator hat noch viel vor.

[OnkelDilbert]

Antwort auf Beitrag Nr.: 41.165.903 von Punicamelon am 08.03.11 17:01:25

Sehe ich auch so:

ein kurzfristiger Kurs-Rücksetzer, weil die Erwartungen "noch höher" waren.

Mittel-und langfristig eine CASH -MASCHINE

Schöne Grüße, O.D.

[Schorsch°]

Die letzten Ergebnisse müssen aber erheblich die Erwartungen verfehlt haben. Ist dieser Kurs 3,30 CAD nachzuvollziehen?

[Punicamelon]

Statt 18,5Mio lbs Förderung nur 12,5Mio Förderung bis Ende 2011. Das ist ein Abschlag von ca -30% auf die erwartete Jahresförderung. Mich wundert daher der Kurssturz von 3,60€ auf 2,60€ nicht.

[derogher]

Mercator Announces Inclusion in S&P/TSX Composite Index

Press Release Source: Mercator Minerals Ltd. On Monday March 14, 2011, 8:15 am EDT

VANCOUVER, March 14 /CNW/ - Mercator Minerals Ltd. ("Mercator" or the "Company") (Toronto:ML.TO) is pleased to announce that on March 11, 2011 Standard & Poor's Canadian Index Operations announced the addition of Mercator to the S&P/TSX Composite Index as a result of its quarterly review. The addition will be effective at market open on Monday, March 21, 2011.

"The addition of Mercator to the S&P/TSX Composite Index is a result of the substantial increase in market capitalization of Mercator over the past number of months," said Michael Surratt, President and CEO. "Inclusion in the index should encourage broader participation in Mercator's shareholder register, particularly by index funds and similar investment vehicles."

http://finance.yahoo.com/news/Mercator-Announces-Inclusion-c…

[Radikalinsky]

Mercator Minerals Ltd. (ML), a copper and molybdenum producer in Arizona, surged 7.6 percent, the most in the Canadian benchmark, to C$3.83 after two shareholders said they want to reconstitute the board because of its “failings.”

http://www.bloomberg.com/news/2011-03-23/canadian-stocks-ros…

Weiß jemand was genaueres? Dem Kurs hat es wohl gut getan.

Gruß, Rad

[derogher]

Antwort auf Beitrag Nr.: 41.259.639 von Radikalinsky am 24.03.11 13:14:02

kann mir gut vorstellen, dass es mit der ablösung des alten finanzvorstandes zu tun hat, der im letzten jahr mit einigen fehlbuchungen aufgefallen ist.

http://finance.yahoo.com/news/Mercator-Minerals-Appoints-cnw…
http://www.reuters.com/article/2010/11/29/mercator-idUSN2910…
http://www.reuters.com/article/2010/11/29/mercator-idUSN2925…
http://www.reuters.com/article/2010/12/02/mercator-idUSN0221…

[Schorsch°]

Was für eine miese Kursentwicklung. WARUM?

[derogher]

Monthly Copper Production Record in March and First Quarter Production Results


VANCOUVER, April 4 /CNW/ - Mercator Minerals Ltd. (Toronto:ML.TO) ("Mercator", or the "Company") is pleased to announce that its wholly-owned Mineral Park Mine in Arizona produced a monthly record 3,859,978 pounds of copper in March. In addition Mineral Park produced 417,491 pounds of molybdenum, and 52,813 ounces of silver. For the first quarter, Mineral Park produced 9,488,549 pounds of copper, as compared to guidance of 9.3 million pounds; molybdenum production was 1,008,517 pounds as compared to guidance of 900,000 pounds, and silver produced was 158,668 ounces.
March Q1
Copper in concentrate 3,649,928 8,948,752
Cathode Copper 210,050 539,797
Total Copper 3,859,978 9,488,549
Molybdenum 417,491 1,008,517
Silver 52,813 158,668

Phase II Construction Update

Phase II construction continues on schedule for start-up in July. Notable milestones reached since the last update include:

* Structural steel is set for the first six rougher cells.
* Second stacker foundation is complete and the take-up structure foundation construction is in progress.
* Gas turbine and generator are in Phoenix and are scheduled for setting by the end of April.
* Power line from the generator site to the mill is complete.
* Required natural gas pipe is on-site and approximately 5 miles has been installed.

Gary Simmerman, BSc., Mercator's VP Engineering, a Qualified Person as defined by NI43-101, supervised the preparation of and verified the Mercator technical information contained in this release.

http://finance.yahoo.com/news/Monthly-Copper-Production-cnw-…

[Pirat_Micha]

Lesezeichen / Creston Aktionär

[Videomart]

Mercator Minerals Ltd. und Creston Moly Corp. verkünden Unternehmenszusammenschluss

12.04.2011 | 14:17 Uhr | Rohstoff-Welt.de

Mercator Minerals Limited und Creston Moly Corporation melden heute eine bindende Vereinbarung, wonach Mercator alle ausstehenden Stammaktien von Creston übernehmen wird.

Gemäß des Deals erhalten die Aktionäre von Creston für jede Creston-Stammaktie 0,15 einer Stammaktie von Mercator sowie 0,08 CAD in bar. Die geplante Transaktion bewertet Creston mit circa 195 Mio. CAD.

http://www.rohstoff-welt.de/news/artikel.php?sid=25734

http://www.reuters.com/article/2011/04/12/crestonmoly-mercat…

[Schorsch°]

http://www.crestonmoly.com/i/pdf/ML-CMS-Presentation04-11-11…

[Videomart]

Macquarie Research - Mercator Minerals Downgrade

08:36 14.04.11

Rating-Update:

Sydney (aktiencheck.de AG) - Pierre Vaillancourt, Analyst von Macquarie Research, stuft die Aktie von Mercator Minerals (Profil) von "outperform" auf "neutral" zurück.
(Analyse vom 13.04.11) (14.04.2011/ac/a/u)


http://www.ariva.de/news/Mercator-Minerals-Downgrade-Macquar…

[Videomart]

Bruce McLeod is slated to become the President and CEO of Mercator Minerals

http://www.financial.de/rohstoffe/rohstoff-international/cap…

[Schorsch°]

Antwort auf Beitrag Nr.: 41.368.560 von Videomart am 14.04.11 16:25:00

Creston ist ein sehr aussichtsreicher Wert, mit guten Projekten. Ist im Moment noch günstig zu haben. Warum nur eine neutrale Bewertung? Finde ich ein Witz.

[Schorsch°]

Gibt es keine anderen Meinungen zur Creston Übernahme?

[TomLong]

Ich finde die Übernahme äußerst positiv. Wenn man der ML-CMS-Präsentation folgt, hat ML das Potential zum mittelgroßen Produzenten aufzusteigen. Der Anteil der Moly-Produktion steigt. Die Kostenseite habe ich noch nicht berücksichtigt. ME lohnt es sich hier noch, bei Schwäche nachzukaufen.

[Videomart]

"Analysis: Barrick bid suggests copper will be the new gold"

Tue, Apr 26 2011
By Nick Trevethan
http://www.reuters.com/assets/print?aid=USTRE73P27720110426

[Videomart]

Mercator Minerals neues Kursziel
26.04., 08:37 JENNINGS CAPITAL

Rating-Update:

Calgary (aktiencheck.de AG) - Peter Campbell, Analyst von Jennings Capital, stuft die Aktie von Mercator Minerals (ISIN CA5875821079/ WKN 900243) unverändert mit "buy" ein. Das Kursziel werde von 4,25 auf 5,00 Kanadische Dollar angehoben.
(Analyse vom 25.04.11) (26.04.2011/ac/a/u)

http://www.onvista.de/analysen/empfehlungen/artikel/26.04.20…

[OnkelDilbert]

Antwort auf Beitrag Nr.: 41.436.631 von Videomart am 02.05.11 07:50:00

Kursziel 5 CDN

Die Frage ist nur bis wann? Morgen? Ende des Jahres? Oder 2020?

Ohne Angabe eines Zeitraums ist das sinnlos

Ich schätze mal eher auf 2 x 5 und zwar in Euro bis Ende diesen Jahres

Schöne Grüße, O.D.

[Schorsch°]

Mercator Minerals Ltd. - Record Monthly Molybdenum Production at Mineral Park in April

May 3, 2011 (PR Newswire) --

TRADING SYMBOL: TSX - ML

VANCOUVER, May 3 /PRNewswire/ - Mercator Minerals Ltd. (TSX: ML) ("Mercator", or the "Company") is pleased to announce that its wholly-owned Mineral Park Mine in Arizona produced a monthly record 610,017 pounds of molybdenum in April. In addition, Mineral Park produced 3,703,804 pounds of copper, and 62,543 ounces of silver.

Phase II Construction Update

Phase II construction continues on schedule for start-up in July. Notable milestones reached since the last update include:

Permit received for modification to air quality permit for 35 MW natural gas turbine generator.
35 MW turbine has been set and balance of plant progressing well.
22 miles of 23.8 miles of 8 inch gas line installed.
Waterline construction is complete with pump setting of four wells in progress.
One ball mill installed and will begin run-in within one week.
Second ball mill installed (awaiting setting of motor) and will begin run-in within approximately three weeks.
Rougher flotation cell structural concrete and tank platforms are complete with four rougher tanks in place.

Gary Simmerman, BSc., Mercator's VP Engineering, a Qualified Person as defined by NI43-101, supervised the preparation of and verified the technical information contained in this release.

About Mercator Minerals Ltd.

Mercator Minerals Ltd. is a TSX listed mining company with an experienced management team that has brought the mill expansion at the Mineral Park Mine, one of the largest and most modern copper-moly mining-milling operations in North America, to production in less than 2 years. Mercator management is dedicated to maximizing profits at the Mineral Park Mine and the development of the El Pilar copper project in Mexico.

On Behalf of the Board of Directors

MERCATOR MINERALS LTD.

Per: "Michael L. Surratt"
Michael L. Surratt
President

[Videomart]

Antwort auf Beitrag Nr.: 41.441.836 von OnkelDilbert am 02.05.11 23:22:57

"Kursziel 5 CDN

Die Frage ist nur bis wann? Morgen? Ende des Jahres? Oder 2020?

Ohne Angabe eines Zeitraums ist das sinnlos"





Aus dem "Anleger-Lexikon":

Kursziel

Viele Analysehäuser nennen Kursziele für die von ihnen betrachteten Aktien oder Indizes. Diese geben den Kurs an, den die Aktie oder der Index nach derzeitiger Einschätzung des betreffenden Hauses innerhalb eines bestimmten Zeithorizonts erreichen wird.
Meist bezieht sich das Kursziel auf einen Zeithorizont von zwölf Monaten ab dem Datum der Analyse. Manche Analysehäuser legen aber auch Zeiträume von sechs, 18 oder auch 24 Monaten zugrunde.

http://boerse.ard.de/lexikon.jsp?p=150&key=lexikon_159840&le…

[OnkelDilbert]

Antwort auf Beitrag Nr.: 41.454.789 von Videomart am 04.05.11 23:00:00

Danke, Videomart.

So ist das eine präzise Angabe.

Meine persönliche Analyse halt ich aber für zutreffender...

Schöne Grüße, O.D.

[TomLong]

Mercator Minerals meldet Rekordmolybdänproduktion im April

Mercator Minerals Limited gab am 3. Mai die Produktionsergebnisse für den Monat April bekannt. Die zu 100% eigene Mineral Park Mine in Arizona erzielte eine Rekordmonatsproduktion von 610.017 Pfund Molybdän. Zudem stieß Mineral Park 3.703.804 Pfund Kupfer und 62.543 oz Silber aus.

Im März hatte die Mine eine Rekordkupferproduktion von 3.859.978 Pfund Kupfer erreicht. Zudem hatte Mineral Park in dem Monat 417.491 Pfund Molybdän und 52.813 oz Silber ausgestoßen.

Quelle: http://www.minenportal.de/unternehmen_nachrichten.php?mid=38…

[Videomart]

Copper Outlook

aus:
Macquarie Commodities Compendium
17 May 2011


Copper

The market is tightening up and deficit will bite in 2H11, 2012

From current spot prices, our most bullish call in base metals is copper, notwithstanding ourshort term copper sell call we put in place on March 7th and re-iterated on April 12th this year.After a period of scrap and consumer de-stocking and weak Chinese semi's output (highprices and tight credit), the fundamentals in the copper market are starting to turn and we seethis continuing for the remainder of 2011 and into 2012. In particular, May has seen scrap discounts narrow, TCs fall, SHFE stocks falling sharply, LME stocks start to decline, Chinese physical premiums rise, the Chinese forward curvemove into backwardation, the Chinese import arbitrage go from negative to slightly positive,and semi's output show signs of improving in China. Ex-China continues to recover, with consumption less than 10% below the level it was in 2007/1H08 before the financial crisis. We expect that a 350-400,000t deficit in 2011 will see total global copper inventories in terms of weeks of consumption fall to low levels (similar to those seen in the last boom period), and we continue to forecast a 200,000t deficit in 2012. While our base case is that very strong mine supply growth on a two-three year view will move the market into small surplus in 2013/14, inventories are not expected to rise much above critically low levels (about three weeks of consumption) and as such, prices are forecast to remain >US$3/lb over the period.


Our bullish 3-18 month copper view rests on three pillars:

Chinese copper semi's output will „normalise". By semi's normalising, we mean,semi's output recovering from the relatively low levels seen in Jan/Feb/Mar 2011, to a level which gives 7% YoY growth for full year 2011. On this basis Chinese consumption of copper units (refined and scrap) should rise by around 10% from March levels through the remainder of 2011 (normally consumption is strongest in May/June but this may be delayed in 2011 owing to a temporary squeeze on semi-fabricators owing to tight credit and high prices). That global consumer de-stocking will slow /end, with upside from potential re-stock. Consumer stocks are very difficult to get data on. However, we do have significant anecdotal information to suggest that Chinese consumers have de-stocked from 10-14 days of stocks in mid 2009 to 2-3 days in 2H10 (voluntary de-stocking owing to higher prices), and practically nothing recently (hand to mouth stock level sowing to involuntary de-stocking following the tightening in credit conditions in 1Q11). Outside of China ,various anecdotes point to consumers consolidating their supply chains and reducing stocks, firstly in late 2008/09 (in line with lower demand) and then de-stocking further over the past six months (owing to higher prices and tight credit). On the one hand this consumer de-stocking has resulted in rising visible stocks (stockshifting, exaggerating the apparent global surplus in recent months), and on the other hand this de-stocking has reduced refined demand. As global de-stocking is largely thought to have finished, consumer consumption of refined copper should rise significantly over the coming months. To the extent Chinese consumers are underutilised owing to tight credit; they could raise output and restock at the same time over the coming six months, which would be particularly bullish.

The bull market is on, with 2011 and 2012 likely to be the peak years.


That global scrap de-stocking will slow / end.

The increase in scrap availability evidenced by a sharp widening in scrap discounts globally which began in Sept/Oct2010 and evidenced by the increased use of scrap by Chinese smelters and refiners through 2H10 is reportedly nearing an end. At the CESCO conference, we spoke withscrap market participants and heard that scrap de-stocking was well advanced in Europe, and to a lesser extent scrap de-stocking had taken place in the US. In line with this we have seen a significant narrowing of scrap discounts across the globe(particularly in China), as per Figure 11. In addition there are medium term supply risks such as unexpected weather issues (another La Nina in 2012 for example affected Chilean output from the SIC grid) or political issues (which could affect DRC output or Humala potentially winning the Peruvian election in June and nationalisation impacting future Peruvian copper supply growth). So far in 2011 we have used up over half of our 720,000t disruption allowance, and we are less than half way through the year. Although we cannot be certain, we continue to think it is more likely than not that the BlackRock (US$1bn) and JP Morgan (US$0.5bn) physically backed copper ETFs will be approved and will absorb at least the initial 150,000t of copper. In Fig 9, we show the impacton global stocks in terms of weeks of consumption if 150,000t of copper is “taken” from themarket as at end-2011 and 200,000t as at end-2012.


http://www.scribd.com/doc/55676517/5/No-stopping-the-supply-…

[Videomart]

Copper flirts with Chinese wall of support

George Albert / Business Standard
May 27, 2011, 0:52 IST

Copper, a leading indicator of global equity market direction, is flirting with the Chinese wall of support — the 200-day moving average. The average is regarded as the wall of China by long-term investors, a breach of which indicates switch in market bias.

The wall of China analogy seems very appropriate. It is well known the rise in copper prices was due to strong demand and hoarding in China. As China began tightening its monetary policy, demand began to ease in the country, leading to a steady fall in prices. The decline since February 2011 has now taken copper prices to its 200-day moving average, which essentially is the Chinese wall of support for the metal.

When prices are above the 200-day average and retreat down to it, the average acts as support. On the other hand, if prices are below the average and prices rise up to it, the average acts are resistance.

Prices often bounce from support and fall from resistance.

Over the last two weeks the price of copper has moved above and below the 200-day moving average. This indicates the bulls and bears are fighting each other to prevent the market from moving against them. A close below the 200-day average gives a bearish bias to copper and if prices are unable to stay below the average the signal is that the bulls are winning.

For a confirmation of the bearish bias the moving average line should be sloping down and prices should be below it. Right now prices are moving above and below the average, but the average is sloping up. This means the bearish bias has not been confirmed. We believe copper must close below $3.60 on Chicago Mercantile Exchange traded copper futures contract (Symbol @HG). At the time of writing this article copper was trading at $3.97. One contract controls 25,000 pounds.


IMPORTANCE OF COPPER

Copper is a leading indicator of what the stock market will do. In late December 2008, copper bottomed and began to consolidate, by moving sideways. The markets continued down, but copper was giving a signal that the equity markets would turn soon. In early March 2009, copper broke out of consolidation range and began a rally. It was then that the stock market bottomed and began to follow copper up.

There is a fundamental reason for the importance of copper’s price action. The metal is used in several manufacturing processes and an increase in the demand for copper indicates the economy is gathering steam. There is lag between the purchase of copper by a manufacturer to completion of the product, its sale and revenue realisation. Increased revenue realisation by companies result in a rise in the equity prices. Hence, we see copper prices leading the equity markets.

Right now bears in the equity and copper market should tread cautiously. If the 200-day moving average acts as support and copper rallies, the sell-off in the equity markets is likely to end soon. On the other hand if copper continues on its way down, it’s likely that the equity markets will follow. Watch out for the copper futures contract to close below $3.60 for continuation of the bearish trend.


http://www.business-standard.com/india/news/copper-flirtschi…

[Schorsch°]

Der Kurs brökelt immer weiter ab. Was ist nur los? Es kann eigentlich nur die Thematik in Griechenland und Amerika sein. Die Rohstoffpreise halten sich doch.
Andere Ideen?

[Pirat_Micha]

NEWS RELEASE

June 6, 2011



INDEPENDENT PROXY FIRMS RECOMMEND CRESTON SHAREHOLDERS VOTE FOR MERGER WITH MERCATOR MINERALS LTD.

Creston Moly Corp. (“Creston” or the Company”) (TSX-V: CMS) announced today that ISS Proxy Advisory Services (“IIS”) and Glass, Lewis & Co., LLC (“Glass Lewis”), the two leading independent proxy research and advisory firms, have published reports recommending that Creston shareholders (“Shareholders”) vote FOR the proposed arrangement agreement to which Mercator Minerals Ltd. ("Mercator") will acquire all issued and outstanding common shares of Creston by way of a plan of arrangement (the “Arrangement”).



The board of directors of Creston, after receiving the recommendation of its special committee and consultation with its financial and legal advisors, has unanimously determined that the proposed transaction is in the best interests of Creston, is fair to the shareholders of Creston, and to recommend that shareholders of Creston vote in favour of the proposed transaction. BMO Capital Markets, financial advisor to Creston and its board of directors, has provided an opinion to the effect that the consideration to be received by shareholders of Creston is fair, from a financial point of view, to shareholders of Creston.

Shareholders are encouraged to review the Management Information Circular dated May 9, 2011, which provides a detailed discussion of the Arrangement and reasons behind the board of directors' unanimous recommendation that shareholders vote FOR the Arrangement. If approved by Shareholders the proposed transaction is expected to become effective on or about June 22, 2011.

Creston has scheduled a special meeting of shareholders (the “Meeting”) to vote on the arrangement agreement to be held at 10:00 am on June 14, 2011 at the XChange Conference Centre, 2nd Floor, 888 Dunsmuir Street, Vancouver British Columbia, Canada. Shareholders may attend the Meeting in person or may be represented by proxy. Shareholders who are unable to attend the Meeting or any adjournment thereof in person are requested to date, sign and return their proxy for use at the Meeting or any adjournment thereof. To be effective the proxy must be received by Computershare Investor Services Inc. (by mail, fax, telephone or internet according to the instructions on the proxy) by 10:00 a.m. PDT on June 10, 2011.

If Shareholders have any questions about the information contained in the Management Information Circular or require assistance in completing their proxy forms on-line, please contact Creston’s proxy solicitation agent Phoenix Advisory Partners toll free at 1-866-793-5464 or by e-mail at [e-mail].

How to Vote On-Line

In light of the potential for a Canadian postal strike, shareholders are strongly encouraged to vote on-line at www.investorvote.com. The deadline for submitting proxy forms is 10:00 p.m. PDT on June 10, 2011.

About ISS Proxy Advisory Services

[Schorsch°]

Den Mercator Aktionären scheint der Deal aber nicht zu gefallen. Heute wieder leicht Minus. Versteht das jemand?

[Videomart]

Kein Wunder, dass es hier abwärts geht: über 10 Mio Shares sind leerverkauft...



2011-05-18
--------------------------------------------------------------------------------
TSX Short Positions

Short positions outstanding at May 15/11 (with changes from Apr. 30/11).

Largest Short Positions

Security Ticker Total Short Change
New Gold NGD 33373509 4306187
Uranium One UUU 30777514 -37405
Quadra FNX Mining QUX 25856981 1974485
Thompson Creek Metals TCM 22399514 84254
Great Basin Gold GBG 21249807 -1201733
Equinox Minerals EQN 20003045 -353637
Osisko Mining OSK 18873448 -466053
Semafo SMF 18726068 4626
Kinross Gold K 15709485 883711
Aureus Mining AUE 11981717 11966817
Teck Resources TCK.B 11865640 439935
Lundin Mining LUN 10937361 -45813
Mercator Minerals ML 10342283 880179
Ivanhoe Mines IVN 9023321 359918
Silver Wheaton SLW 7686115 -392214

http://www.northernminer.com/issuesV2/VerifyLogin.aspx

[Pirat_Micha]

alles wird gut

:-)

[Videomart]

Copper Prices Look Set to Continue Their Rise

by: Michael Parmar June 7, 2011

http://seekingalpha.com/article/273614-copper-prices-look-se…

[Videomart]

Fundamentals justify $12,000/ton copper at yearend

June 8, 2011, 11:52 a.m. EDT
http://www.marketwatch.com/story/fundamentals-justify-12000t…

[Videomart]

Copper to rise by 2011 end as deficit widens

BEIJING (Commodity Online)
Last Updated : 09 June 2011 at 16:40 IST
http://www.commodityonline.com/news/Copper-to-rise-by-2011-e…



Copper scrap prices to shoot up on shortfall in mining

09 Jun 2011 Last updated at 09:59:37 GMT
http://www.scrapmonster.com/news/copper-scrap-prices-to-shoo…

[Schorsch°]

So, ein guter Anstieg in Canada. Hoffentlich verbrennen die Shorties jetzt ihr Geld. Wenn die zurück kaufen müssen..... bei 10 Mio. Stück

[HGDM]

Mercator berichtet über das erste Quartal
Mercator Minerals (TSE: ML)
Intraday Chart

Heute: Mittwoch, 15. Juni 2011
Click Here for more Mercator Minerals Charts.

Mercator Minerals Ltd ("Mercator" oder das "Unternehmen") meldet die Ergebnisse für das Quartal zum 31. März 2011 . Diese Version sollte Profil Emittenten gelesen werden mit der ungeprüften Jahresabschluss und der Lagebericht auf der Internetseite der Gesellschaft und auf SEDAR unter der Gesellschaft.

ERSTE QUARTAL HIGHLIGHTS sowie bedeutende

Der Netto-Cashflow aus laufender Geschäftstätigkeit von $ 8.500.000 für das erste Quartal des Jahres 2011, 2010, verglichen mit USD Null im ersten Quartal.
Der Nettoverlust von $ 6.200.000 für das erste Quartal des Jahres 2011 verglichen mit einem Nettoverlust $ 11.400.000 für das erste Quartal 2010.
Der Umsatz von $ 55.800.000 für das erste Quartal 2011 einen $ 25.300.000 zu erhöhen, oder 83% gegenüber dem ersten Quartal 2010.
Bergbau-und Bearbeitungskosten, einschließlich Frachtkosten, Schmelzen und Raffinieren von $ 36.900.000 , ein $ 10.100.000 zu erhöhen, oder 38% gegenüber dem ersten Quartal des Jahres 2010.
Produziert 9,0 Millionen Pfund Kupfer in Konzentraten und £ 0.500.000 der Kathode Kupfer, ein £ 3.300.000 Steigerung gegenüber dem ersten Quartal 2010 die Produktion von £ 6.200.000. Produziert einen monatlichen Bericht über £ 3.900.000 an Kupfer im März 2011 .
Produziert von 1,0 Mio. Pfund Molybdän in Konzentraten, ein £ 0.400.000 Steigerung gegenüber dem ersten Quartal 2010 die Produktion von £ 0.600.000.
Im April 2011 trafen sich die Anforderungen seiner Fertigstellung Garantie gemäß den Bedingungen der Silver Wheaton Silber Vereinbarung nach 30 aufeinanderfolgenden Tagen der Betrieb der Mühle bei einem Durchschnitt von 35.000 Tonnen pro Tag.
Investitionen von $ 19.500.000 inbegriffen 12.400.000 $ für die Phase 2 Mio. Expansion und $ 7.100.000 für den natürlichen Gasturbinenanlage. Beide Projekte sind im Linienverkehr für Inbetriebnahme Juli 2011 .
Die ersten Quartals Kreditfazilität Kapitalzahlung von $ 4.800.000 war gemacht 31. März 2011 .
Zahlungsmittel und Zahlungsmitteläquivalente, einschließlich Barmittel beliefen $ 33.300.000 an 31. März 2011 .
Das Unternehmen hat seine Ergebnisse angepasst ersten Quartal 2010 vergleichende Aufwendungen aus einer früheren Periode zu korrigieren Cutoff Fehler bezüglich Kupfer Einnahmen und bestimmte Kosten und. Für die drei Monate endend 31. März 2010 das Unternehmen überbewertet der Nettoverlust für die Periode von $ 3.600.000 . Die Korrektur dieser Fehler betrifft nur die einstweilige Geschäftsjahr 2010 Aussagen und hat keine Auswirkungen auf die Gesellschaft einen Umsatz oder Kosten und Ausgaben für das Geschäftsjahr zum 31. Dezember 2010 .

Alle finanziellen hierin enthaltenen Informationen sollten finanzielle beendet werden in Verbindung mit der "Management Discussion and Analysis und ungeprüften Aussagen für den Zeitraum 31. März 2011 und die Management Discussion and Analysis und Geprüfter Konzernabschluss für die Geschäftsjahre 31. Dezember 2010 und 2009 und zugehörigen Anmerkungen dazu finden Sie unter Profil des Unternehmens auf www.sedar.com .

Gary Simmerman, BSc , Bergbau Eng. FAusIMM, Mercator-Vizepräsident Engineering, eine qualifizierte Person gemäß NI 43-101, überwachte die Erstellung und überprüft und genehmigt die technischen Informationen in dieser Pressemitteilung enthaltenen

Mercator Minerals Ltd

Mercator Minerals Ltd ist ein an der TSX gelisteten Bergbauunternehmen mit einem erfahrenen Managementteam geleitet, dass der Ausbau Mühle gebracht hat die bei der Mineral Park Mine, einer der größten und modernsten Kupfer-Molybdän-Bergbau-Fräsarbeiten in Nordamerika , die Produktion in weniger als 2 Jahre. Mercator-Management ist die Gewinnmaximierung gewidmet bei der Mineral Park Mine und der Entwicklung von El Pilar Kupfer-Projekt in Mexiko .

Im Namen des Board of Directors

MERCATOR MINERALS LTD.

Pro: "Michael L. Surratt" Michael L. Surratt , Präsident

[Pirat_Micha]

Hi !!
Finde das liest sich ganz okay, oder jemand anderer meinung ?

[Schorsch°]

Keine andere Meinung. Trotzdem schwächere Kurse. Liegt wohl am schlechtes Marktumfeld.

[Schorsch°]

Ich habe mal bei Stockhouse gelesen. Da gehen die Meinungen auseinander. Manche meinen der Kurs geht auf 2 CAD zurück. Die anderen sagen, da ist mindestens eine 100% Chance auf 5 CAD. Da lohnt der Ausstieg nicht mehr.

[Pirat_Micha]

Antwort auf Beitrag Nr.: 41.660.654 von Schorsch° am 17.06.11 10:37:45

Hallo !
Bei "Stockhouse" hat ein User das erste Quartal analysiert !!
Gestiegene Kosten, Moly ist etwas günstiger geworden usw., dadurch sind die
Gewinne von ML etwas geschrumft. Das kann sich aber jederzeit wieder ändern.

Die Unternehmen kämpfen alle mit den gestiegenen Energiekosten.

einfach mal im Forum Stockhouse nachlesen


Pirat

[Schorsch°]

Antwort auf Beitrag Nr.: 41.660.888 von Pirat_Micha am 17.06.11 11:08:00

OK, die Gewinne sind etwas geschrumpft, aber dann gleich so ein Kursrückgang? Da ist jetzt die Frage, wo liegt der Wert von ML?

[Pirat_Micha]

Molybdenum’s Long Term Potential
email Email Print Print
Tue, Jun 7, 2011
Feature Articles, Moly Articles

By Michael Montgomery—Exclusive to Moly Investing News

inShare

Molybdenum has seen a rebound since the 2008 global economic crisis sent prices crashing from over $30 per pound down to $8 lows. In China, the price for molybdenum oxide is approximately $16.50 per pound, however, on the LME, the price has weakened since the start of the year, down to $35,200 per tonne. The fall in price on the LME is largely attributed to the struggling economic data in the US and Europe that is affecting many base metals.

Despite the weaker LME price, a few analysts have forecasted that the moly market will be in surplus for 2011. A sentiment that has not kept many major molybdenum producers from increasing production on their deposits, or opening new mines. Both Thompson Creek (NYSE:TC)(TSE:TCM) and Mercator Minerals (TSE:ML) have announced an increase of molybdenum on their deposits. Freeport McMoRan Copper and Gold (NYSE:FCX) is moving ahead with plans to re-open its ‘Climax” molybdenum mine in Colorado capable of producing 30 million pounds of moly per year. This new mine is one of many world class deposits slated to open in the near term.

In an Exclusive interview with Moly Investing News, Ken MacDonald, Vice President of Business Strategy and CFO of Erdene Resource Development (TSE:ERD), discussed the factors controlling the molybdenum market.

While a surplus of moly in 2011 may be a factor keeping prices at bay, the long term projections for steel demand around the globe have increased demand projections for molybdenum going forward. “All of the projections we are seeing are indicating that molybdenum consumption is around the 400 million pound range, increasing by 2020 by 300 million pounds. The CRU group and CMP have come out with similar forecasts,” stated MacDonald.

The dramatic increase in demand predicted by 2020 will have to be met by western producers of the metal. “That means that there will have to be one to two world class moly mines coming into production in each of the next 8-9 years to meet demand,” stated MacDonald, adding, “This is being driven by the steel markets, and the fairly robust forecasts for steel.”

Over the past few years steel production has been dominated China. The rapid urbanization and increase in automotive demand in the country has been the catalyst for the yearly double digit growth in steel production. Consequently, the demand for moly to be used for the strengthening of steel alloys has risen alongside steel production.

“China produces upwards of half the world steel output. Based on the interest we’ve had from the Chinese, they are looking to secure molybdenum, as is evident with Hanlong Mining Investment’s funding of Moly Mines and General Moly. This tells me that Chinese firms perceive a shortage of moly in the long term,” stated MacDonald.

The Hanlong Mining Investment Group has spent over $1 billion to fund the projects of General Moly (AMEX:GMO)(TSE:GMO) in the US, and Moly Mines (ASX:MOL) in Australia. The Chinese firm may be concerned with the low grade moly deposits in China. Chinese moly producers are simply having to spend more capital for dwindling supply.

Recently, the National Development and Reform Commission (NDRC) of China encouraged firms to import molybdenum and antimony ores to satiate domestic demand. “China, the world’s top producer of molybdenum and antimony, is struggling with low grade ores. To preserve local ores, Beijing has set yearly quotas for mining production of the two metals,” stated the NDRC. The lack of domestic supply of molybdenum is most likely the main factor in the aggressive actions of the Hanlong Group.

“The outlook for long term demand for moly in China will not be met by any new production coming on stream in China,” added MacDonald.

While the price of moly has not met the expectations of growth in 2011, the price is remaining relatively stable. The reduced production form China over the next few years should be a positive factor for western moly mining firms. The increase in demand for the metal stemming from steel production and new emerging markets for the metal should lend support to molybdenum’s price going in the long term.

[Pirat_Micha]

Court Approves Business Combination of Mercator and Creston
6/17/2011 11:30 PM - Canada NewsWire

VANCOUVER, Jun 17, 2011, 2011 (Canada NewsWire via COMTEX News Network) --

Mercator and Creston Proceeding to Closing to Create Leading Copper-Moly Company

Mercator Minerals Ltd. (TSX: ML) ("Mercator") and Creston Moly Corp. (TSXV: CMS) ("Creston") are pleased to announce that the Supreme Court of British Columbia has granted an order approving the Plan of Arrangement (the "Arrangement") providing for the previously announced friendly business combination of Creston and Mercator.

As announced on June 14, 2011, the shareholders of Creston at its Special Meeting of Shareholders held on June 14, 2011 overwhelmingly approved the Arrangement. A special resolution approving the (the "Arrangement Resolution") was passed by Creston's shareholders present in person and by proxy at the Meeting. A total of 176,668,360 shares voted (excluding shares held by Bruce McLeod, who will become the new President & CEO of Mercator post-arrangement), representing 63.3% of the total eligible votes. Specifically, 99.3% of the votes cast in respect of the Arrangement Resolution voted in favour of the transaction.

Trading of the common shares of Creston on the TSX Venture Exchange will halted at the opening of trading on June 20, 2011.

Subject to the satisfaction of certain other usual closing conditions, the Arrangement is expected to close on or around June 22, 2011.

"Now that the Court Order approving the Arrangement has been obtained, Creston and Mercator will be proceeding with the closing of the business combination. The combination of Mercator and Creston will create a strong copper-moly company, combining an operating mine with a large resource base with excellent prospects for internal growth through the completion of the second phase of expansion at Mineral Park and the development of the El Pilar copper project and the El Creston molybdenum project", said Bruce McLeod, President and CEO of Creston. "Management believes that the new company is well positioned to become a strong intermediate base metals producer."

"Mercator is very pleased to have the support of Creston's shareholders as well as the Court in pursuit of this business combination. We look forward to working with Creston's team to maximize the value of Mineral Park, El Pilar and El Creston", said Michael Surratt, CEO of Mercator.

In other corporate developments, Mercator advises that it has recently received notification of an order instituting administrative proceedings from the United States Securities and Exchange Commission ("SEC") related to a registration statement filed by Silver Eagle Resources Ltd. with the SEC in 1998. Mercator was formerly known as Silver Eagle Resources Ltd. which had different management at the time of the filing. The filing was not disclosed to current management of Mercator. The order alleges that Silver Eagle Resources Ltd. (now Mercator) is delinquent in filing periodic reports with the SEC. Mercator is reviewing this matter with its United States legal counsel in order to resolve the matter. The SEC has placed restrictions on United States broker-dealers' ability to effect transactions in the common shares of Mercator. In the meantime, Mercator common shares continue to trade in Canada on the Toronto Stock Exchange through Canadian broker-dealers. Mercator has traded approximately 99% of its daily total volume in Canada over the preceding six months. All of Mercator's financial statements and annual reports are available at www.sedar.com.

About Mercator Minerals Ltd.

Mercator Minerals Ltd. is a TSX listed mining company with an experienced management team that has brought the mill expansion at the Mineral Park Mine, one of the largest and most modern copper-moly mining-milling operations in North America, to production in less than 2 years. Mercator management is dedicated to maximizing profits at the Mineral Park Mine and the development of the El Pilar copper project in Mexico.

About Creston Moly Corp.

Creston is a mineral exploration company focused on the exploration and development of the El Creston Property in Sonora, Mexico, of which the Company holds a 100% interest.

[Pirat_Micha]

Hallo !

Eigentlich müsste ML heute im Plus sein, bei gut 1,84 € aber jemand scheint da anderer Meinung zu sein ;-)

Aber bitte keine Panik

Ahoi

[Pirat_Micha]

Analysten-Bewertung - 17.06.11
Mercator Minerals neues Kursziel
Rating-Update: Toronto (aktiencheck.de AG) - Ian Parkinson, Analyst von CIBC World Markets, stuft die Aktie von Mercator Minerals (<CA5875821079>/ <CA5875821079> unverändert mit "sector performer" ein. Das Kursziel werde von 5,50 auf 5,20 Kanadische Dollar gesenkt. (Analyse vom 16.06.11) (17.06.2011/ac/a/u)

sind immer noch gut 100% Aufschlag


nicht ganz so hoch gesetzt aber dennoch :

Analysten-Bewertung - 17.06.11
Mercator Minerals neues Kursziel
Rating-Update: Toronto (aktiencheck.de AG) - Craig Miller, Analyst von TD Securities, stuft die Aktie von Mercator Minerals (<CA5875821079>/ <CA5875821079> unverändert mit "buy" ein. Das Kursziel werde von 4,00 auf 3,75 Kanadische Dollar gesenkt. (Analyse vom 16.06.11) (17.06.2011/ac/a/u)

[Videomart]

Die "Saure-Gurken-Zeit" für ML dürfte allmählich vorbei sein!

Falls meine Creston-Shares tatsächlich in Mercator-Anteile umgewandelt werden, bin ich mit 3k dabei. Nicht gerade viel, aber immerhin...

Haywood übrigens grösster Käufer heute:

[Pirat_Micha]

Mercator Minerals Completes Acquisition of Creston Moly

TRADING SYMBOL: TSX – ML

Vancouver, British Columbia: June 22, 2011 – Mercator Minerals Ltd. (“Mercator” or the “Company”) is pleased to announce that it has completed the previously announced arrangement with Creston Moly Corp. (“Creston”), pursuant to which Mercator has acquired all of the issued and outstanding shares of Creston, which is now a wholly owned subsidiary of Mercator.

Mercator is also pleased to welcome Bruce McLeod (President and Chief Executive Officer of Creston) as the new President and Chief Executive Officer of Mercator. Michael Surratt (Mercator’s former President and Chief Executive Officer) will continue to work with the Company, on a consultancy basis, as technical advisor to the President and Chief Executive Officer. Mercator would also like to welcome Bruce McLeod and Colin K. Benner to the Mercator board of directors, and announce the retirement of Michael L. Surratt and Raymond R. Lee as directors of the Company.

The transaction was approved by 99.3% of the eligible votes cast at the meeting of Creston shareholders, representing 63.3% of Creston’s outstanding shares that were eligible to vote. Pursuant to the Plan of Arrangement, each Creston shareholder has received 0.15 of a common share of Mercator and $0.08 in cash in respect of each common share of Creston.

“The addition of the world-class El Creston project to our asset portfolio establishes an attractive and continuous growth pipeline for Mercator. With Mineral Park’s Phase II expansion to be completed next month, the Company can now turn its focus to the development of El Pilar in 2012 and then El Creston in 2013,” said Michael Surratt.

“I look forward to working with all of the Mercator employees in my role as President and CEO of Mercator” stated Bruce McLeod. “The combination of our cornerstone asset, the Mineral Park Mine along with our two development projects, creates a platform with one of the best growth profiles in our peer group.”

Transaction Highlights:

· El Creston is an advanced development-stage moly-copper project located in Sonora, Mexico with a recently completed preliminary economic assessment demonstrating robust economics based on US$15/lb Mo and US$2.60/lb Cu;

o After-tax NPV8% of US$561.9M and an IRR of 22.3%;

o Forecasted annual production of 23.9Mlbs of molybdenum and 15.9 Mlbs of copper over a 13 year mine life;

· With the completion of the Mineral Park Phase II expansion, the El Pilar copper project and the El Creston molybdenum/copper project Mercator will become an intermediate copper-moly producer with annual production of over 130M lbs of copper and 30M lbs of molybdenum by 2015;

· Meaningful synergy through geographic proximity and the integration of complementary expertise in exploration, mine development and operations;

Corporate Update:

· Mineral Park

o Production of 7.5M pounds of copper and 1.1M pounds of molybdenum through the months of April and May;

o Mineral Park capacity expansion to 50,000 tons per day is expected to be complete during the third quarter.

· El Pilar

o Completed two, approximately 300-tonne crib tests to determine run-of-mine ore leachability demonstrating copper recoveries of 67.9% and 63.7% over 120 days;

o Optimized bankable feasibility study to be completed this July.

· El Creston

o Current exploration program, consisting of both infill and resource expansion drilling, has yielded intercepts of 125 metres averaging 0.072% Mo and 132 metres averaging 0.068% Mo;

o Bankable feasibility study in progress.

The Board of Directors of Mercator would like to recognize and express its gratitude to Mr. Surratt for his years of service to Mercator. Under Mr. Surratt's leadership, Mercator has assembled one of the most experienced operating teams in the industry, completed the acquisition of a major copper development project in El Pilar and grown the Mineral Park mine from a small copper heap leach operation in 2003 into one of the largest new mines in North America. While Mr. Surratt has decided to retire from the position of President and Chief Executive Officer, the Board is pleased that he has agreed to continue on as technical advisor to the President and Chief Executive Officer where his strong operating experience will continue to benefit the operations at Mineral Park as well as the development activities at Mercator's two Mexican projects.

Concurrent with the closing of the acquisition of Creston, the Company has entered into a loan agreement with unrelated third parties, to provide a term loan in the amount of CDN$25 million. The term loan matures on January 3, 2013 and carries an interest rate of 6.5% per annum for the first six months, 7.0% for the second six months and, thereafter, 8.0% per annum. Subject to payment of a prepayment fee, the Company may prepay the term loan in whole or in part at any time at the option of the Company and must prepay the term loan in the event of any public debt or equity offering of the Company in the amount of the net proceeds of any such offering.

NI-43-101 Qualified Persons

Gary Simmerman, BSc., Mercator’s VP Engineering, a NI 43-101 Qualified Person, supervised the preparation of and verified the Mineral Park technical information contained in this release.

Mike Broch, BSc, Geology, Msc, Economic Geology, FAusIMM, Mercator’s VP Exploration, a NI 43-101 Qualified Person, supervised the preparation of and verified the El Pilar technical information contained in this release.

Dave Visagie, BSc. Geology, P. Geo, Creston’s Exploration Manager, a NI 43-101 Qualified Person, supervised the preparation of and verified the El Creston technical information contained in this release.

About Mercator Minerals Ltd.

Mercator Minerals Ltd. is a TSX listed mining company with an experienced management team that has brought the mill expansion at the Mineral Park Mine, one of the largest and most modern copper-moly mining-milling operations in North America, to production in less than 2 years. Mercator management is dedicated to maximizing profits at the Mineral Park Mine, the development of the El Pilar copper project in Mexico and the exploration and development of the El Creston Property in Sonora, Mexico, of which the Company holds a 100% interest.

On Behalf of the Board of Directors

MERCATOR MINERALS LTD.

Per: “D. Bruce McLeod”

D. Bruce McLeod,
President


Bruce McLeod ist ein sehr fähiger Mann, ich denke das ML bald wieder auf alten höchst Kursen notieren wird !! "Der Markt" wird den fairen der neuen Firma bald wahrnehmen !

Ahoi,
Pirat

[Videomart]

Insider Trades by Symbol - TSX Venture Exchange
Company Name: Mercator Minerals Ltd.
Last Updated: June 23, 2011

Date: 06/23/2011
Symbol: ML.WT.A
Insider Buys Volume: 75,000
Insider Sells Volume: 0
Insider Buys Value $: 122,675.00
Insider Sells Value $: 0.00
Insider Buys Transaction: 17
Insider Sells Transaction: 0
Currency: CAD

http://www.tmxmoney.com/HttpController?GetPage=SearchInsider…

[Schorsch°]

Die Shorties sind auch auf dem Rückzug.....

[Videomart]

China und Indien im Wettstreit
Kupfer - Defizit weitet sich aus

Autor: Björn Junker | 21.06.2011, 16:07
http://www.wallstreet-online.de/nachricht/3182102-china-und-…

[Videomart]

Jun 23/11 Jun 22/11 Quin, Stephen P. Direct Ownership Common Shares 22
- Acquisition pursuant to a take-over bid, merger or acquisition 6,600

Jun 23/11 Jun 23/11 McLeod, Donald Bruce Direct Ownership Warrants 97 - Other 50,400 $1.650

Jun 23/11 Jun 23/11 McLeod, Donald Bruce Direct Ownership Warrants 97 - Other 15,500 $1.610

Jun 23/11 Jun 23/11 McLeod, Donald Bruce Direct Ownership Warrants 97 - Other 9,100 $1.600

http://www.canadianinsider.com/coReport/allTransactions.php?…

[Videomart]

Mercator Minerals Ltd.: Übernahme von Creston Moly Corp. abgeschlossen

23.06.11 - 12:04 Uhr

Mercator Minerals Limited gab gestern bekannt, dass die im April angekündigte Übernahme von Creston Moly Corporation abgeschlossen wurde. Mercator erwarb alle ausgegebenen und ausstehenden Stammaktien von Creston. Creston Moly ist damit nun ein 100%iges Tochterunternehmen von Mercator.

Gemäß Vereinbarung erhielten die Aktionäre von Creston für jede Creston-Stammaktie 0,15 einer Stammaktie von Mercator sowie 0,08 CAD in bar.

http://www.minenportal.de/artikel.php?sid=15573#Mercator-Min…

[Videomart]

Copper - the most critical of critical metals


At a recent event in Canada a panel reckoned copper was the most critical metal of all and with projected supply deficits is becoming even more so.

Author: Leia Michele Toovey
Posted: Friday , 24 Jun 2011

VANCOUVER, BC (Copper Investing News)

The world needs copper, and lots of it. Output of the red metal has already doubled in the last 16 years, however, according to Jack Lifton, founder of Technology Metals Research, this output needs to double again; a feat that is going to be a very big challenging.

This comment was just one of many bullish statements made about the state of the copper market at the recent Critical Metals Symposiumin Vancouver. When a board of panelists, including Lifton, was asked which, of all the critical metals, is the most "crucial" the answer was- copper.

The definition of a critical metal is not precise; however, simply put, a critical metal is a metal that is “vital” for the world to function in its current state. Critical metals are “dynamic” and the definition of a critical metal depends on many factors. These factors include location, the period of time, and the current economic and political environment.

Copper deserves its title of “critical metal” for a several reasons. The copper market is currently faced with a supply deficit. Currently, there is not enough of the red metal being produced to satisfy its near-term demand. As such, we are going to have to drastically increase the amount of copper being mined and refined before we will have enough supply. The second factor contributing to copper’s criticality is the subject of substitution. If we run out of copper, what can we use? The answer is, unfortunately, with today’s technology: nothing.


At the Critical Metals Symposium, all the panelists agreed that the definition of a critical metal is not concrete. When defining a critical material, it is important to consider what are you trying to do with it; what is the material needed for. In various applications, for instance, hybrid cards, producers will say that if they no longer had the availability of certain metals, such as a rare earth, they would model their technologies around the missing component. However, if you tell them they have no copper- then they would not know how to produce any vehicle, let alone a hybrid.

Yu-Dee Chang, Principal and Chief Trader at ACE Investment Strategies weighed in on the perspective that copper is the “most crucial” of the critical metals. Chang agreed that the definition as the “most critical” metal is a subjective, and dynamic one, and it is difficult to compare metals with very varied applications. In terms of the industrial metals, Chang agreed that copper should be called the “most crucial.” When asked if there was any known substitutes for copper, at this time Chang added that in terms of copper’s applications such as wiring- there are no viable substitutes.

Pricing is always an important topic when discussing critical metals. Copper rose to a record highs, this February, however, has since sustained a bit of a correction. Chang sees the recent supply situation, with a market deficit, already largely factored into copper’s current prices. When asked if prices were being controlled by sentiment, or fundamentals, Chang’s answer was, a little bit of both. “Over the short-run prices are controlled by sentiment, and over the long-term fundamentals will rule,” commented Chang. The recent volatility in prices is also a very important topic to address, in terms of a critical metal. Chang addressed the recent volatility in prices with the following observation: most of the smaller speculators are no longer playing the copper market, and instead trading is controlled by larger hedge funds, and of course end-users. The significance of this development is more volatile prices. When larger hedge funds move money into and out-of the market, prices are subjected to steeper swings.

There is no question that in North America and developed Europe power-supply is absolutely critical for the functioning of the local economies. This power is supplied by wire and copper is a necessity in manufacturing wiring. Add North America’s and Europe’s need for electricity to a developing need for power and infrastructure, like in the BRIC countries, and it is easy to see how copper is becoming more critical, around the world. Near record-high prices, price volatility, and shrinking supplies are factors that don’t work in favour for the end-users of copper, and as the BRIC countries continue to grow, there will be more incentive for the strategic stockpiling of copper.


http://www.mineweb.com/mineweb/view/mineweb/en/page103855?oi…

[LuminousTimes]

Hallo Leute,

hat jemand von euch schon seine Mercator Shares im Depot bzw. den Barausgleich für die Creston Shares?

Oder weiß jemand wann die Transaktion durchgeführt werden soll?

LT

[Lenhauser]

Zitat von LuminousTimes: Hallo Leute,

hat jemand von euch schon seine Mercator Shares im Depot bzw. den Barausgleich für die Creston Shares?

Oder weiß jemand wann die Transaktion durchgeführt werden soll?

LT

Würde mich auch interessieren. Bei ViTrade ist noch nix geschehen....

[Videomart]

Haywood Securities stuft Mercator Minerals auf sector outperform

Autor: Aktiencheck Analysen | 27.06.2011, 13:11

Rating-Update:

Vancouver (aktiencheck.de AG) - Stefan Ioannou und Evan Young, Analysten von Haywood Securities, stufen die Aktie von Mercator Minerals (ISIN CA5875821079/ WKN 900243) mit "sector outperform" ein. Das Kursziel werde von 5,25 USD auf 4,50 USD gesenkt. (Analyse vom 24.06.2011) (27.06.2011/ac/a/u)

[Big-M]

Hi, weiss einer wann die creston aktien in Mercator aktien umgewandelt werden, und das cash ausbezahlt wird?

Gruss Big-M

[Pirat_Micha]

News Releases << Previous | Next >>

Tax Election by Creston Moly Corp. Shareholders
6/27/2011 12:36 PM - Canada NewsWire

VANCOUVER, Jun 27, 2011, 2011 (Canada NewsWire via COMTEX News Network) --

TRADING SYMBOL: TSX - ML

As previously disclosed by the Company on June 22, 2011, Mercator Minerals Ltd. ("Mercator" or the "Company") has acquired all of the issued and outstanding shares of Creston Moly Corp. ("Creston") by way of a plan of arrangement with Creston (the "Arrangement"). Under the terms of the Arrangement, certain former Creston shareholders may be eligible to make a joint Canadian tax election with Mercator in order to obtain a full or partial tax-deferred rollover on the disposition of their Creston shares (refer to the Notice of Special Meeting and Information Circular dated May 9, 2011 for further details regarding the Arrangement).

Former Creston shareholders that wish to obtain a joint tax election must submit correct and complete tax election information to Mercator by the deadline of September 20, 2011. The submission of the tax election information must be completed by any eligible Creston shareholder in order to be processed. The required tax election information can be submitted to Mercator using either a secure web based questionnaire or a paper-based questionnaire. Both alternatives are available to all eligible shareholders and can be accessed through the link to the Mercator-Creston tax election website at www.taxelection.ca/mercatorcrestonmoly available on the on the home page of the Company's website. The Tax Election Instructions Letter, which can also be accessed through the tax election website, describes how to use the web based and paper-based methods of submitting the tax election information.

Former Creston shareholders should be reminded that the timely filing of the tax election is the responsibility of the shareholder and that late tax elections may be subject to late filing penalties. Accordingly, the Company recommends that former Creston shareholders that intend on making a joint tax election with Mercator submit the required tax election information as soon as possible.

Further details regarding the Arrangement and the tax election process can be found on the tax election website at www.taxelection.ca/mercatorcrestonmoly. Former Creston shareholders may also call the Technical Assistance Hotline: [phone] (outside the Greater Vancouver Area) or 604-691-3249 (in the Greater Vancouver Area).

Corporate Update

The Company has scheduled its 2011 annual general meeting of the shareholders to be held on Wednesday, August 31, 2011, in Vancouver, B.C. Canada. Details of the location and time of the meeting will be announced and materials filed and mailed in due course.

Mercator Minerals Ltd.

Mercator Minerals Ltd. is a TSX listed mining company with an experienced management team that has brought the mill expansion at the Mineral Park Mine, one of the largest and most modern copper-moly mining-milling operations in North America, to production in less than 2 years. Mercator management is dedicated to maximizing profits at the Mineral Park Mine, the development of the El Pilar copper project in Mexico and the exploration and development of the El Creston Property in Sonora, Mexico, of which the Company holds a 100% interest.

On Behalf of the Board of Directors

MERCATOR MINERALS LTD.

[Pirat_Micha]

..

Wer hat Infos wie man sich als deutscher Aktionär verhalten soll ???

[Pirat_Micha]

Michael

Greetings from Canada.

I do not know the answer to your question.

You should consult your own legal and tax advisors in order to obtain
the proper advice.

Regards
Ken MacDonald

[Pirat_Micha]

Mercator Minerals Ltd.: Sector Outperform mit Kursziel 4,50 CAD

28.06.2011 | 15:02 Uhr | Rohstoff-Welt.de

Mercator Minerals Limited hat kürzlich die im April angekündigte Übernahme von Creston Moly Corporation abgeschlossen. Mercator erwarb alle ausgegebenen und ausstehenden Stammaktien von Creston. Die Aktionäre von Creston erhielten für jede Creston-Stammaktie 0,15 einer Stammaktie von Mercator sowie 0,08 CAD in bar.

Durch die Übernahme könnte Mercator sich zu dem oder einem der weltweit größten primären Molybdänproduzenten entwickeln. Die Produktion der Assets von Mercator wird im Jahr 2015 auf ~34 Mio. Pfund Molybdän und ~150 Mio. Pfund Kupfer geschätzt.

Die Analysten von Haywood Securities bewerten Mercator mit 'Sector Outperform' und nennen ein Kursziel von 4,50 CAD.


© Redaktion MinenPortal.de

[Videomart]

June 28, 2011, 8:06 a.m. EDT

Soaring structural copper demand behind price gain

By Andrea Hotter

LONDON -(MarketWatch)- The world hasn't started to run out of copper, but there has been a significant rise in structural rates of demand that has created soaring metal prices and boosted investment into the sector, a senior analyst at HSBC Securities said Tuesday.

Andrew Keen, HSBC's head of EMEA metals and mining equity research, said that copper demand growth has grown from 2% a year to between 4-5% annually, although he didn't specify a time frame.

"The lead time for new investment is 15 years, so you can see that this structural change in demand growth has created a huge surge in pricing and investment," he told HSBC's Chile conference in London. "This is nothing unusual--China's metals consumption is following a very well-worn demand path."

Mining firms are expanding their capital expenditure budgets accordingly, Keen told delegates, with the four London-listed mining majors--Xstrata PLC (XTA.LN), Anglo American PLC (AAL.LN) Rio Tinto PLC /quotes/zigman/182541/quotes/nls/rio RIO +1.07% and BHP Billiton PLC /quotes/zigman/270355/quotes/nls/bhp BHP +0.92% -- accounting for nearly $40 billion in investment.

"But they aren't getting much more for their money," Keen said, noting that current capex costs are about 50% higher than historical levels.

Keen said that copper has had an "exceptionally good crisis," with the market faring much better than other metals like zinc and aluminum during the economic downturn.

Since prices slumped during the 2008 financial crisis, copper on the London Metal Exchange has more than trebled in price, peaking earlier this year above $10,000 a metric ton and remaining near historical highs since then. This is because the copper industry has seen relatively low inventories, unlike several other metals, and the industry hasn't been able to quickly respond to lower stocks and rising demand.

"There are constant debates in the financial community over the price of copper, but it is certainly a market in very strong underlying health," Keen said.


http://www.marketwatch.com/story/story?Guid=92773880-02f8-44…

[Big-M]

Antwort auf Beitrag Nr.: 41.711.607 von Pirat_Micha am 28.06.11 16:41:48

also ich hab noch keine Mercator Aktien bekommen geschweige den Cash zusatz, jemand von euch? Und was soll man da mit tax election da machen, hat jemand nen rat?

Gruss Big-M

[Pirat_Micha]

Hallo !!

Mein Rat... etwas mehr Geduld !!

[Big-M]

Antwort auf Beitrag Nr.: 41.712.038 von Pirat_Micha am 28.06.11 17:56:52

meinst du das dauert noch nen bissle mit dem umtauschen.

[Pirat_Micha]

.. hoffe das Blatt wendet sich bald... die Analysten sind jedenfalls alle optimistisch !

[LuminousTimes]

Weiß jemand ob der Barausgleich sofort kommt, oder müssen wir diese komische Tax Election bis zum September erst abwarten?

[Videomart]

16:43|Rekordverschuldung.

Griechisches Parlament stimmt Sparpaket zu

Uhrzeit stimmt exakt überein mit dem Mercator-Intraday-Chart...

[Pirat_Micha]

Globe says Jennings pares back target on Mercator
Ticker Symbol: C:ML

Globe says Jennings pares back target on Mercator

Mercator Minerals Ltd (C:ML)
Shares Issued 201,363,026
Last Close 6/28/2011 $2.46
Wednesday June 29 2011 - In the News

The Globe and Mail reports in its Wednesday, June 29, edition that Jennings Capital analyst Peter Campbell has downgraded his price target on Mercator Minerals ($2.46) by $1 to $4. The Globe's Julien Russell Brunet, May Jeong and Darcy Keith write in the Eye On Equities column that Mr. Campbell warns that inflationary pressures from increased labour, fuel, energy and consumable costs are beginning to creep into the cost structure at Mercator Minerals. The analyst says operating costs for both copper and especially molybdenum were considerably higher in the first quarter from last year. TD Securities analyst Craig Miller commenced new coverage of Mercator Minerals with a "buy" rating and a share price target of $3.75 in the Eye column on Sept. 4, 2009. The stock was then worth $2.49. The Globe's Shirley Won was bullish on Mercator Minerals in the Number Cruncher column on Oct. 27, 2009, when it could be had for $2.81. Mercator Minerals stock has a 52-week range of $1.42 to $4.90.

© 2011 Canjex Publishing Ltd

[Pirat_Micha]

Hm, jetzt muss nur noch der Moly-Preis was anziehen, im moment geht er völlig in die falsche richtung

[Videomart]

Antwort auf Beitrag Nr.: 41.719.654 von Pirat_Micha am 29.06.11 21:04:28

Aber der Kupferpreis nicht...

ht

[Videomart]

[OnkelDilbert]

Antwort auf Beitrag Nr.: 41.719.850 von Videomart am 29.06.11 21:45:01

Kupfer...

Wenn man sich den 5y Chart anschaut, ist unschwer zu erkennen, dass nach dem letzten Rücksetzer, analog zum vorletzten, jetzt die Rakete in Richtung 5000 $ gezündet wird (meine bescheidene Interpretation)

Schöne Grüße, O.D.

[LuminousTimes]

So Leute,

habe gerade Post von comdirect bekommen.
Die Umwandlug der Aktien sowie der Barausgleich wird rückwirkend mit Valuta 27.06.2011 erfolgen.

Dann sind wir jetzt wohl alle offiziell Mercator Aktionäre.

Jetzt muss nur noch der Molypreis anziehen und los geht´s!!!

[Pirat_Micha]

Hallo !
Habe ich auch bekommen, denke mal spätestens am Montag ist alles
gebucht !!

Was will man mehr

Pirat

[LuminousTimes]

Antwort auf Beitrag Nr.: 41.721.908 von Pirat_Micha am 30.06.11 10:56:45

Kurse um 10 CAD wären nicht schlecht

[Deine_Mudda]

Antwort auf Beitrag Nr.: 41.722.090 von LuminousTimes am 30.06.11 11:20:44

meine Stücke wurden gestern eingebucht und das Cash ebenfalls gebucht, allerdings alles mit Valuta 29.06.

Und der Barausgleich ist übrigens steuerpflichtig, wird behandelt wie eine Dividendenzahlung...

[Big-M]

Antwort auf Beitrag Nr.: 41.722.124 von Deine_Mudda am 30.06.11 11:24:39

wie hoch ist der Steuersatz, weiss das jemand?

Gruss Big-M

[Pirat_Micha]

Antwort auf Beitrag Nr.: 41.723.570 von Big-M am 30.06.11 15:02:42

sofern Dein Freistellungsauftrag noch nicht ausgeschöpft = ist keine Steuern,sonst musst du 25% Abgeltungssteuer abziehen

[Pirat_Micha]

Antwort auf Beitrag Nr.: 41.678.095 von Videomart am 21.06.11 16:35:00

Dann schauen wir mal wohin es heute geht..

[Videomart]

Antwort auf Beitrag Nr.: 41.723.733 von Pirat_Micha am 30.06.11 15:26:17

Lässt sich doch schon gut an, oder???

Mercator findet zurück zu alter Volumenstärke.
Offenbar ist der Creston-Kauf allmählich "verdaut"...

[Videomart]

Kupfer weiterhin bärenstark:

[Pirat_Micha]

So.. hab alles im Depot !! Aber das mit der Steuer ist ärgerlich, sogar Soli ...

[Big-M]

Antwort auf Beitrag Nr.: 41.727.047 von Pirat_Micha am 01.07.11 07:27:49

Solibeitrag auf Aktien sind sowieso ne schweinerei, die beteiligen sich ja auch nicht an unseren verlusten.

Gruss Big-M

[Pirat_Micha]

..
ist doch verarschung , oder ?

13:15:27 1,989 1
11:25:09 1,986 3
08:00:04 1,986 0

[Videomart]

Heute kein Handel in Kanada: gesetzlicher Feiertag
Kanada Tag (Nationalfeiertag) Freitag 01.07.2011


Pari nach Toronto-Kurs von gestern: 2,86 CAD = 2,05 Euro

Pari nach OTC(USA)-Kurs von heute: 3,18 USD = 2,19 EUR



http://bigcharts.marketwatch.com/quickchart/quickchart.asp?s…

[Pirat_Micha]

Hallo !
hatte heute wieder Post von der Comdirect.."Storno-Buchungsanzeige"...

Die Mercator Aktien sind aus meinem Depot verschwunden, bei wem noch ?

Pirat

[Videomart]

Jun 30/11 Jun 27/11 Thomas, Gavin Direct Ownership Common Shares 51
- Exercise of options 29,839 $2.090

Jun 30/11 Jun 27/11 Thomas, Gavin Direct Ownership Options 51
- Exercise of options -50,000 $2.090

Jun 30/11 Jun 28/11 Quinn, Robert Joseph Direct Ownership Common Shares 51
- Exercise of options 9,741

Jun 30/11 Jun 28/11 Quinn, Robert Joseph Direct Ownership Options 51
- Exercise of options -50,000 $2.090

Jun 30/11 Jun 25/11 Broch, Michael J. Direct Ownership Options 50
- Grant of options 200,000 $2.530

Jun 30/11 Jun 25/11 Distler, Mark Direct Ownership Options 50
- Grant of options 200,000 $2.530

Jun 30/11 Jun 25/11 Simmerman, Gary Lane Direct Ownership Options 50
- Grant of options 200,000 $2.530

Jun 30/11 Jun 25/11 LeBlanc, Marc Direct Ownership Options 50
- Grant of options 200,000 $2.530

Jun 29/11 Jun 29/11 Iorich, Vladimir Indirect Ownership Common Shares 22
- Acquisition pursuant to a take-over bid, merger or acquisition 4,354,500

Jun 28/11 Jun 23/11 McLeod, Donald Bruce Direct Ownership Options 50
- Grant of options 600,000 $2.580

http://www.canadianinsider.com/coReport/allTransactions.php?…

[Elsner01]

Antwort auf Beitrag Nr.: 41.736.127 von Videomart am 03.07.11 22:35:00

Hallo Video,

was hat das mit der aquisition zu bedeuten?? Danke für infos

[Pirat_Micha]

Hallo !

Also Freitag hatte ich Mercator Aktien noch im Depot, heute sind sie nicht mehr gebucht !!
Wer hat das gleiche Problem bei der Comdirect ?

Bitte melden

[LuminousTimes]

Antwort auf Beitrag Nr.: 41.736.882 von Pirat_Micha am 04.07.11 10:01:48

Das Problem habe ich auch. Habe dort auch schon angerufen. Die wollen sich melden.
Ich sag dir Bescheid sobald ich etwas weiß.

Gruß,
LT

[Videomart]

Schau'n mer mal, ob Kevin Norrish von Barclays Capital recht behält...


Barclays Capital currently has the most bullish outlook on copper, predicting that the metal could rise to $12 000/t by the fourth quarter of this year.

Three-month copper traded at $9 194/t on the London Metal Exchange on Wednesday.

Copper imports from China have been low in recent times, which have seen some advisories revise their copper price prediction downwards for the year.

However, Norrish said that imports were on the up again, as China's copper inventory levels was getting lower.

Adding to this was the fact that copper companies had experienced significant fall-offs in output in recent months.

“We expect a big deficit in copper as all these factors come into play,” he stated.

http://www.miningweekly.com/article/right-time-to-get-into-c…

[Pirat_Micha]

Antwort auf Beitrag Nr.: 41.723.733 von Pirat_Micha am 30.06.11 15:26:17

[Videomart]

Jun 29/11
Iorich, Vladimir Indirect Ownership Acquired via merger or acquisition Common Shares 4,354,500

Mar 02/11 Iorich, Vladimir Indirect Ownership Public market buy Common Shares 4.318 4,188,700

Feb 22/11 Iorich, Vladimir Indirect Ownership Public market buy Common Shares 4.290 2,650,000

Feb 09/11 Iorich, Vladimir Indirect Ownership Public market buy Common Shares 4.540 2,000,000

Feb 08/11 Iorich, Vladimir Indirect Ownership Public market buy Common Shares 4.550 2,000,000

Feb 03/11 Iorich, Vladimir Indirect Ownership Public market buy Common Shares 4.650 3,750,000

Feb 02/11 Iorich, Vladimir Indirect Ownership Public market buy Common Shares 4.420 2,355,500

Feb 01/11 Iorich, Vladimir Indirect Ownership Public market buy Common Shares 4.400 500,000

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[OnkelDilbert]

Antwort auf Beitrag Nr.: 41.740.566 von Videomart am 04.07.11 22:05:00

Der Deckel ist weg,
kaum zu glauben wie der Chart dreht
Schöne Grüße, O.D.

[Videomart]

Copper Advances on Speculation China Is Near End of Tightening

Bloomberg - Jul 4, 2011

...“This is a market in which any kind of problem on the supply side just tightens what is already a difficult situation,” Natixis’s Brown said. “It’s a constant reminder the copper market is in a situation of tight supply and will remain that way until the big mines that are arising late 2013 and onwards will finally turn up.”

...
http://www.bloomberg.com/news/print/2011-07-04/copper-climbs…

[Videomart]

Copper steady as sentiment improves, dollar weighs

Updated 2011-07-04 18:22:47
http://www.sharenet.co.za/news/Copper_steady_as_sentiment_im…

[Pirat_Micha]

Morgen !!

Schon Antwort von der ComdirecT Bank ?
Jetzt haben die auch die Bar-Abfindung zurück gebucht !!

Pirat

[mon_share]

Antwort auf Beitrag Nr.: 41.741.341 von Pirat_Micha am 05.07.11 08:37:38

Hallo Micha,

ich habe das gleiche Problem bei Comdirect - Aktien und Barausgleich wieder zurückgebucht! Keine Ahnung, was das soll.

Hat jemand bei anderen Instituten die gleiche Erfahrung gemacht?

Grüße

mon_share

[Hopeful-star]

Morgen,

ich hab mein Depot bei Cortal Consors, da sind sowohl die Aktien und die Barabfindung noch da.

Grüße
Hope

[Pirat_Micha]

.

Ich rufe jetzt auch noch mal bei der ComDi an, mal schauen ob die was wissen !!

Pirat

[mon_share]

Antwort auf Beitrag Nr.: 41.741.650 von Pirat_Micha am 05.07.11 09:37:23

Gibst Du bitte ein kurzes Feedback, wenn Du etwas erfährst?

Danke!

Grüßle

mon_share

[LuminousTimes]

Mein Bruder hat die Dinger im Sparkassen Depot und da ist auch noch alles glatt so wie es soll. Kiffen die bei comdirect????

[mon_share]

Antwort auf Beitrag Nr.: 41.742.122 von LuminousTimes am 05.07.11 10:42:11

"Hast Du Haschisch in den Taschen, hast Du immer was zu Naschen!"

Na ja, schau'n wir mal, vielleicht wird's ja bald korrigiert...

[LuminousTimes]

So, ich habe gerade einen Rückruf von comdirect bekommen.

Denen ist ein Fehler bei der Einbuchung passiert.
Die haben die falsche Verwahrart bekommen.

Morgen soll der ganze Kram behoben sein und wir haben die Mercator und den Barausgleich zurück!!

[Videomart]

"Copper Price to Stay Around Present Level, Kazakhmys’s Ogay Says"
Bloomberg - Jul 4, 2011 6:16 PM GMT+0200
http://www.bloomberg.com/news/2011-07-04/copper-price-to-sta…

[Pirat_Micha]

July 6, 2011

Mercator Reports 2011 Second Quarter Production Results

Production of 11.18 million pounds of Copper and 1.76 million pounds of Molybdenum

VANCOUVER, BRITISH COLUMBIA - Mercator Minerals Ltd. (TSX:ML) ("Mercator" or the "Company") is pleased to announce its production results for the three months ended June 30, 2011 from its wholly-owned Mineral Park Mine in Arizona. Production for the quarter totaled 11.18 million pounds of copper, 1.76 million pounds of molybdenum and 180,569 ounces of silver as compared to guidance of 9.5 million pounds of copper and 1.0 million pounds of molybdenum.

During the month of June, the Mineral Park Mine produced 3,644,209 pounds of copper, a record 633,500 pounds of molybdenum, and 61,073 ounces of silver.

Operational Highlights for the three months ended June 30, 2011

Mill throughput averaged 32,260 tons per day for the quarter;

Record mill throughput of 41,738 tons in a 24 hour period achieved;

Production of 10,434,143 pounds of copper contained in concentrates;

Production of 748,196 pounds of copper cathode;

Production of 1,762,174 pounds of molybdenum contained in concentrates;

By-product production of 180,569 ounces of silver in concentrates.

Bruce McLeod, President and CEO said. “I am extremely pleased with the rapid integration of the two companies, Mercator and Creston, and their respective personnel. We have a very experienced and talented management and operating team that see good opportunity for increasing production, reducing costs and advancing our projects. With our strong board of directors to support us, I believe this new team will serve the shareholders very well.”

Phase II Construction Update

· Installation of the 3rd and 4th ball mills in the grinding circuit is 99% complete and is ready to start-up once the gas generator is on-line;

· Water system: the well field is 100% complete; the booster station upgrades are 90% complete;

· The installation of the rougher flotation (11 cells) is 65% complete, with a start-up projected for early August;

· Installation of the Phase II crusher/stacker is 50% complete, with start-up projected for late August.

Bluefish Gas Turbine Update

· Power line from the generator site to the mill is 100% complete;

· Natural gas pipeline is 100% complete and has been purged;

· Installation of the gas turbine generator is 93% complete, with a start-up projected for mid July.

Outlook

Production of copper and molybdenum concentrates is expected to ramp up from second quarter levels with the increase in available power from the Bluefish Gas Turbine and the expected mill throughput increases from the addition of the Phase II components in the processing facilities coming on line over the next several months.

2nd Quarter Financial Results Timing

Second Quarter financial results are expected to be reported on August 15, 2011. A conference call will be scheduled with the details to be released once scheduled.

El Pilar Update

The optimized Feasibility study for El Pilar has advanced significantly with scheduled completion in 3rd quarter, 2011. Metallurgical testing has essentially been completed, with final data on mining, processing and costs being assembled by the external consultants who are preparing the optimized Feasibility study.

El Creston Update

The work program on the Feasibility study for the Company’s El Creston project is ongoing, and the Company plans to deliver and file the study before the end of the year.

QA/QC

Gary Simmerman, BSc, Mercator's VP Engineering, a Qualified Person as defined by NI43-101, supervised the preparation of and verified the Mineral Park technical information contained in this release.

Mike Broch, BSc, Geology, Msc, Economic Geology, FAusIMM, Mercator’s VP Exploration, a NI 43-101 Qualified Person, supervised the preparation of and verified the El Pilar technical information contained in this release.

About Mercator Minerals Ltd.

Mercator Minerals Ltd., a TSX listed Canadian mining company with one of the fastest growing base metal profiles in its peer group, is a leading copper and molybdenum producer with a diversified portfolio of high quality operations and projects in the USA and Mexico. Mercator provides investors exposure to current copper and molybdenum production from the large tonnage long life Mineral Park Mine in Arizona, as well as mid-term exposure to additional copper and moly production through the development of the El Pilar and El Creston deposits. All three deposits are located in favorable and stable mining jurisdictions in Arizona, USA and Sonora, Mexico.

For further information please visit the Mercator website at http://www.mercatorminerals.com or contact Bruce McLeod, President and CEO at [phone] or Marc LeBlanc, VP Corporate Development and Corporate Secretary at [phone].

On Behalf of the Board of Directors

MERCATOR MINERALS LTD.

Per: "D. Bruce Mcleod"

[Videomart]

Jul 05/11 Jun 30/11 Glencore International AG Indirect Ownership Common Shares 10
- Acquisition in the public market 55,000 $1.650

Jul 04/11 Jun 29/11 Glencore International AG Indirect Ownership Common Shares 10
- Acquisition in the public market 6,000 $1.600

http://canadianinsider.com/coReport/allTransactions.php?tick…

[Videomart]

Beitrag Nr.873 war für einen anderen Thread gedacht, sorry dafür...

Bei Mercator kommt heute etwas Volumen hinein!
Hoffentlich folgt die Aktie irgendwann dem erneut steigenden Kupferpreis...

[Videomart]

Spätes Volumen auch in den USA:

Recent Trades - Last 10 of 42

Time ET Ex Price Change Volume

16:04:25 Q 3.0838 0.0888 50,300
11:08:00 Q 3.0651 0.0701 200
11:08:00 Q 3.0651 0.0701 200
11:02:11 Q 3.07 0.075 1,500
11:02:11 Q 3.07 0.075 100
11:02:11 Q 3.07 0.075 700
11:02:11 Q 3.07 0.075 100
11:02:11 Q 3.07 0.075 500
11:02:11 Q 3.07 0.075 100
11:02:11 Q 3.07 0.075 100

http://www.stockwatch.com/Quote/Detail.aspx?symbol=MLKKF®ion…

[Indy80]

Hi, kann mal bitte jemand den advfn link des oberen kursbildes einstellen? Bin Mobil online and möchte es mir abspeichern. Danke. P.s.: bin ein alter tenajonler

[Pirat_Micha]

http://de.advfn.com/p.php?pid=staticchart&s=T^ml&p=0&t=19&vo…

[Videomart]

So darf's gerne weitergehen:

[Indy80]

Danke

[Indy80]

http://de.advfn.com/p.php?pid=staticchart&s=T^ml&p=0&t=19&vo…

[Videomart]

Jul 15/11 Jul 13/11 LeBlanc, Marc Direct Ownership Common Shares 10 - Disposition in the public market -2,120 $3.160

Jul 15/11 Jul 13/11 LeBlanc, Marc Direct Ownership Common Shares 10 - Disposition in the public market -30,000 $3.150

Jul 15/11 Jul 12/11 LeBlanc, Marc Direct Ownership Common Shares 51 - Exercise of options 32,120

Jul 15/11 Jul 12/11 LeBlanc, Marc Direct Ownership Options 51 - Exercise of options -100,000

Jul 03/11 Jun 28/11 Quin, Stephen P. Direct Ownership Common Shares 51 - Exercise of options 9,741 $2.090

Jul 03/11 Jun 28/11 Quin, Stephen P. Direct Ownership Options 51 - Exercise of options -50,000 $2.090

Jun 30/11 Jun 27/11 Thomas, Gavin Direct Ownership Common Shares 51 - Exercise of options 29,839 $2.090

Jun 30/11 Jun 27/11 Thomas, Gavin Direct Ownership Options 51 - Exercise of options -50,000 $2.090

Jun 30/11 Jun 28/11 Quinn, Robert Joseph Direct Ownership Common Shares 51 - Exercise of options 9,741

Jun 30/11 Jun 28/11 Quinn, Robert Joseph Direct Ownership Options 51 - Exercise of options -50,000 $2.090


http://canadianinsider.com/coReport/allTransactions.php?tick…

[Videomart]

Der Kupferpreis ist wie erwartet sehr stabil:



In den nächsten Tagen wird wohl alles von dem Ausgang der Verhandlungen über den Finanzhaushalt der USA abhängen. Sollten die Verantwortlichen keine zwischenzeitliche Lösung der Probleme finden, droht der Weltkonjunktur eine Zäsur...
http://www.spiegel.de/wirtschaft/unternehmen/0,1518,774494,0…

[Videomart]

US-Haushalt
Senatoren arbeiten Kompromiss im Schuldenstreit aus
18. Juli 2011, 17:56
http://www.welt.de/politik/ausland/article13492834/Senatoren…

[Videomart]

Ein Winkelzug soll US-Staatspleite abwenden

19 Juli 2011, 06:42 Uhr
http://www.abendblatt.de/wirtschaft/article1961629/Ein-Winke…

[Videomart]

Institutional Holders

% Shares Owned: 40.23%
# of Holders: 54
Total Shares Held: 98,339,149
3 Mo. Net Change: 1,203,304
# New Positions: 1
# Closed Positions: 2
# Increased Positions: 12
# Reduced Positions: 5
# Net Buyers: 7

http://www.reuters.com/finance/stocks/financialHighlights?sy…

[Videomart]

Harbor Intelligence revises 2011 copper-deficit forecast to 333,000 MT

Last Updated : July 12, 2011 10:34

By Allen SykoraAnalysts with Harbor Intelligence still look for a Copper supply/demand deficit this year, although they have revised their deficit forecast to 333,000 metric tons from their previous 686,000 tons since China has imported less refined copper so far than initially expected.

In the first half of the year, China filled much of its needs by aggressive de-stocking and imports of Copper scrap, Harbor says. For 2012, Harbor looks for a deficit of 619,000 metric tons.

Harbor says global copper demand has been increasing lately, especially as Chinese consumers cover re-stocking needs. Further, funds were entering the market in June. Harbor says its models suggest copper could hit new highs in the fourth quarter.

http://www.commodityonline.com/futures-trading/market-report…
deficit-forecast-to-333000-MT-23546.html

[Videomart]

Copper May Extend Rally to Record on China Demand

By Bloomberg News - Jul 18, 2011 4:45 AM GMT+0200
http://www.bloomberg.com/news/2011-07-18/copper-may-extend-r…
maike-says.html" target="_blank" rel="nofollow ugc noopener">http://www.bloomberg.com/news/2011-07-18/copper-may-extend-r…
maike-says.html

[Videomart]

Noch einmal der Link:

http://www.bloomberg.com/news/2011-07-18/copper-may-extend-r…

[Videomart]

Copper likely to trade as high as $11,000 before year end - Tom Kendall

A look at the fundamentals behind copper's recent run and expectations of further growth as China comes back into the market

Interviewer: Geoff Candy
Posted: Tuesday , 19 Jul 2011
http://www.mineweb.com/mineweb/view/mineweb/en/page96985?oid…

[Videomart]

Irgend etwas läuft im Moly-Bereich:
Das Volumen bei Mercator und bei Thompson Creek zieht gleichzeitig an...

[Videomart]

China-led copper bull market to continue into 2012

Demand from Chinese buyers is expected to return to the copper market in the second half of 2011 which is expected to help buoy prices of the red metal

Author: Geoff Candy
Posted: Wednesday , 20 Jul 2011
http://www.mineweb.com/mineweb/view/mineweb/en/page36?oid=13…

[Videomart]

Der Kupferpreis schwächelt etwas trotz starken Gesamtmarktes:



Scotia Capital Inc. verkauft zum Börsenschluss 50k ML-Shares...

[Videomart]

Slower growth to curb copper gains

July 21 2011 at 04:13pm
http://www.iol.co.za/business/markets/commodities/slower-gro…

[Pirat_Micha]

NEWS RELEASE



July 27, 2011 News Release # 2011-18



Mercator Intersects 82.2 Metres Averaging 0.085% Molybdenum at El Creston



Lengthy Sections of Molybdenum Intersected Outside of the Main/Red Hill Deposit



Vancouver, British Columbia: Mercator Minerals Ltd. (TSX:ML) ("Mercator" or the Company") today announces assay results from four exploration diamond drill holes recently completed at its El Creston molybdenum project, located in northern Sonora State, Mexico. The holes were drilled into the A-37 and Red Hill Deep zones to test their potential to host resources in addition to those at the El Creston Main/Red Hill deposit. Two holes EC11-148 and 149 tested the A-37 zone, with two holes EC11-150 and 151 testing the Red Hill Deep zone.

Drill highlights include:

Hole EC11-148 intersecting a near surface intercept of 176.9 m averaging 0.052% molybdenum including 82.2 m averaging 0.085% molybdenum;
Hole EC11-150 intersecting 420.3 m averaging 0.047% molybdenum, including a 56.4 m section averaging 0.087% molybdenum with 0.113% copper and;
Hole EC11-151 intersecting 221.8 m averaging 0.050% molybdenum including an 84 m section averaging 0.076% molybdenum.

“Drilling at the El Creston molybdenum project continues to intersect potentially significant mineralization,” said Bruce McLeod, President & CEO of Mercator. “The results from the holes released today clearly demonstrate the existence of multiple zones around the Main/Red Hill deposit. Additional drilling will be required to determine the economic viability of the zones, however they appear to have the potential to add to the existing resources.”

Drill Results

[Videomart]

Denkbar schlechter Tag für News...



Zusammen mit dem stabilen Kupferpreis kann sich Mercator heute wenigstens halbwegs behaupten!

[Pirat_Micha]

Analysten-Bewertung - 28.07.11
Mercator Minerals "sector outperform"
Rating-Update: Vancouver (aktiencheck.de AG) - Stefan Ioannou, Analyst von Haywood Securities, stuft die Aktie von Mercator Minerals (<CA5875821079>/ <CA5875821079> unverändert mit "sector outperform" ein. Das Kursziel werde bei 4,50 Kanadischen Dollar gesehen. (Analyse vom 27.07.11) (28.07.2011/ac/a/u)
Quelle: Haywood Securities

Analyst im Fokus
Analyst Haywood Se..
Anzahl Prognosen 16
bereits eingetroffene Progn. 74,34%

[Videomart]

Letzte Meldung zur US-Schuldenkrise:

Führender US-Republikaner: "Stehen vor Einigung im Schuldenstreit"

Sonntag, 31. Juli 2011, 15:42 Uhr
http://de.reuters.com/article/worldNews/idDEBEE76U06F2011073…

[Videomart]

News ORF.at , Publiziert am 28.07.2011



Chile größter Kupferproduzent


Die Preise für Metalle wie Kupfer und Gold sind auf einem Höhenflug und bescheren den Minenkonzernen hohe Gewinne. Die Arbeiter haben wenig davon. Eine Streikwelle in Südafrika, Indonesien und vor allem in Chile unter Minenarbeitern verbreitet nun Nervosität auf dem Markt.

Mit besonderem Interesse wird der seit mehreren Tagen anhaltende Streik in der weltgrößten Kupfermine Escondida in Chile verfolgt. Die Lieferungen aus der Mine wurden am Mittwoch (Ortszeit) bis auf weiteres eingestellt. Allein an fünf Streiktagen sollen in Escondida rund 15.000 Tonnen Kupferproduktion verloren gegangen sein - im Wert von 150 Mio. Dollar. Insgesamt werden pro Jahr rund 1,1 Mio. Tonnen Kupfer in der Escondida-Mine produziert.

Wegen der „Bedingungen in der Mine“ könne Escondida die vertraglich vereinbarten Liefermengen für Kupferkonzentrat nicht einhalten, zitierten chilenische Medien aus einer Mitteilung, die von dem Unternehmen an seine Kunden verschickt worden sein soll. Der Streikschaden für den Minenbetreiber wird auf rund 21 Millionen Euro pro Tag geschätzt. Mehrheitseigentümer ist der australische Bergbaukonzern BHP Billiton.


Höhere Bonuszahlungen gefordert

Mit 5,6 Millionen Tonnen pro Jahr ist Chile der weltweit größte Produzent von Kupfer. In den vergangenen Jahren stieg der Preis für das Metall stark. Nicht umsonst fordern die 2.300 Minenarbeiter vor allem eine bessere Beteiligung am Umsatz durch entsprechende Bonuszahlungen. Diese waren zuletzt stark gesunken.


Reuters: Die weltweit größte Kupfermine Escondida in Chile

Von Analysten und Rohstoffhändlern wird der Streik in der Escondida-Mine mit Sorge verfolgt. „Es besteht kein Zweifel daran, dass das Defizit größer ausfallen wird als vom Markt bisher erwartet“, prognostizierte der Rohstoffexperte Ben Westmore von der National Australia Bank im Reuters-Interview noch kurz vor der vorübergehenden völligen Einstellung der Lieferungen. Der Kupferpreis könnte daher wieder die Marke von 10.000 Dollar pro Tonne erreichen.


Markt von Streik überrascht

Der Markt sei von dem Streik überrascht worden, so Analysten und Rohstoffhändler. Am Donnerstag kostete eine Tonne Kupfer bereits knapp 9.800 Dollar, ähnlich wie schon am Tag zuvor. Aufgrund eines Angebotsengpasses lag der Kupferpreis schon im Februar über der 10.000er-Marke. Seit Herbst 2008 hat sich der Kupferpreis damit mehr als verdreifacht. Zusätzliche Probleme stellen die in vielen Minen nachlassenden Erträge und die geringen Reservekapazitäten dar. Schon zuvor waren die Kupfer- und andere Metallpreise aus Angst vor der US-Schuldenkrise und den Problemen in der Euro-Zone gestiegen.

Die Nachfrage nach dem Metall ist groß - insbesondere in Schwellenländern wie China. Laut dem Brancheninformationsdienst AME Group werden weltweit rund 13,4 Mio. Tonnen etwa für Stromkabel und Wasserrohre verbraucht. Sollten sich die Streiks und Produktionsausfälle fortsetzen - auch in Südafrika und Indonesien gab es Arbeitsniederlegungen -, könnte das Defizit in diesem Jahr nach Schätzung von Analysten knapp 400.000 Tonnen betragen.


Keine Einigung in Sicht

Eine Einigung in dem Streik ist nicht absehbar. Ein Vermittlungsversuch der chilenischen Regierung scheiterte. BHP Billiton fordert eine Wiederaufnahme der Arbeit, bevor die Firma zu Verhandlungen bereit ist. An einem Schlichtungstermin nahm das Unternehmen nicht teil. Die Fronten sind verhärtet. Für das Unternehmen ist der Streik illegal. Der Vertreter der Arbeiterseite warf dem Minenbetreiber unfaire Einschüchterungstaktiken und die Androhung von Arbeitslosigkeit vor. Kündigungen könnten nicht ausgeschlossen werden, hieß es wiederum vonseiten des Unternehmens.

Am Dienstag wurde der mehrtägige Streik unbefristet erweitert. Verhandlungen wurden abgebrochen. BHP Billiton ist nach eigenen Angaben bereit, 6.000 Dollar pro Arbeiter pro Jahr an Bonus zu zahlen. Eine weitere Erhöhung wurde aber ausgeschlossen. Die Gewerkschaft fordert 10.800 Dollar pro Arbeiter. Zusätzlich eskaliert ist der Streit, als 7.000 zusätzliche Sublieferanten ankündigten, sich dem Streik anzuschließen, und 30 Prozent der Bonuszahlungen von regulären Arbeitern forderten.


Ausbreitung befürchtet

Die Escondida-Arbeiter sind nicht die einzigen Streikenden. Vonseiten der Gewerkschaften wird auch der Druck auf andere Bergbaufirmen erhöht. Erst Anfang Juli legten Arbeiter des staatlichen chilenischen Minenbetreibers CODELCO für 24 Stunden ihre Arbeit nieder, um gegen eine offenbar geplante Privatisierung zu demonstrieren.

Auch außerhalb Chiles fordern die Bergarbeiter mehr Anteil an den Gewinnen im Rohstoffsektor. In Südafrika droht eine Streikwelle auch auf die Goldminen überzuschlagen, nachdem Lohnverhandlungen Anfang der Woche gescheitert waren. Die Bergarbeitergewerkschaft hatte 14 Prozent mehr Lohn gefordert, angeboten wurden sieben bis neun Prozent. Seit Anfang der Woche sind in Südafrika auch rund 150.000 Kohlebergleute im Ausstand.


http://orf.at/stories/2071071/2071072/

[Pirat_Micha]

Mercator Minerals Q2 2011 Financial Results Conference Call/Webcast on August 16, 2011

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 11, 2011) - Mercator Minerals Ltd. (TSX:ML) ("Mercator" or the "Company") will release its financial results for the period ended June 30, 2011 after market hours on Monday, August 15, 2011 and will hold a conference call and a live audio webcast on Tuesday, August 16, 2011 at 7:30 a.m. Pacific time to discuss these results.

Details to access the conference call and the live audio webcast are as follows: (Please call approximately 5 minutes prior to the scheduled start of the call)

Toll free within North America: 1-800-766-6630
For local calling: 416-695-6622
For overseas calling: 800-4222-8835
Live audio webcast of the conference call will be available at http://www.gowebcasting.com/2689.

An archived recording of the conference call will be available for playback after the event until August 30, 2011 by dialling 1-800-408-3053 (North America), 905-694-9451 (local) and 800-3366-3052 (overseas) with conference passcode 5771266#.

About Mercator Minerals Ltd.

Mercator Minerals Ltd., a TSX listed Canadian mining company with one of the fastest growing base metal profiles in its peer group, is a leading copper and molybdenum producer with a diversified portfolio of high quality operations and projects in the USA and Mexico. Mercator provides investors exposure to current copper and molybdenum production from the large tonnage long life Mineral Park Mine in Arizona, as well as mid-term exposure to additional copper and moly production through the development of the El Pilar and El Creston deposits. All three deposits are located in favorable and stable mining jurisdictions in Arizona, USA and Sonora, Mexico.

For further information please visit the Mercator website at www.mercatorminerals.com.

On Behalf of the Board of Directors

MERCATOR MINERALS LTD.

D. Bruce Mcleod, P.Eng, President and CEO

[Pirat_Micha]

Mercator Minerals Commissions New Turbine Generator at Mineral Park Mine

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 15, 2011) - Mercator Minerals Ltd. (TSX:ML) ("Mercator" or the "Company") is pleased to announce that its wholly-owned Mineral Park Mine in Arizona has commenced commercial operation of its newly constructed natural gas turbine generator. The General Electric LM6000PF generator has comfortably passed performance testing and has been generating power at a rate of 40 megawatts (MW), 3 MW above its stated capacity. The projected operating cost of the turbine using today's natural gas prices is approximately 33% less than our current power costs on a per kilowatt hour basis.

Bruce McLeod, President and Chief Executive Officer, comments, "With the new generator now online, which was the largest constraint to achieving targeted production levels of 50,000 tons per day run-rate, we can now focus our attention on finalizing the Phase 2 expansion at Mineral Park."

About Mercator Minerals Ltd.

[Pirat_Micha]

die Anleger sind begeistert

[Pirat_Micha]

NEWS RELEASE

August 15, 2011 News Release # 2011-21

Mercator Minerals Reports an Increase of 61% in Revenues on Record Copper and Molybdenum Production in Second Quarter 2011

Cash Flow from Mineral Park mine of $23.5 million, Net Income of $24.0 million or $0.12 per share

(All financial information prepared in accordance with International Financial Reporting Standards ("IFRS");
all amounts in US$ unless otherwise specified)

TRADING SYMBOL: TSX – ML

Vancouver, BC, August 15, 2011 – Mercator Minerals Ltd (TSX: ML) (“Mercator” or the “Company”) today announced its revenues for second quarter 2011 of $72.4 million, an increase of $27.6 million or 61% the second quarter 2010. Earnings from operations for the second quarter 2011, was $17.8 million or nearly 25% of total revenues, which is 82% greater than the second quarter of 2010. Net income for the second quarter 2011 was $23.6 million or $0.12 per share on a basic basis.

“Record production at our Mineral Park mine of 11.2 million pounds of copper and 1.8 million pounds of molybdenum for the quarter, or respectively 24% and 100% greater than the same quarter in 2010 was the main contributing factor, said Bruce McLeod, President and Chief Executive Officer. “I am very pleased the performance of our team at the mine and we expect to achieve further production records as we near completion of the Phase 2 expansion to a 50,000 ton per day run-rate.”

SECOND QUARTER HIGHLIGHTS AND SIGNIFICANT ITEMS

· The Company’s Mineral Park mine set a record for both copper and molybdenum production. Copper production totalled 11.2 million pounds (10.4 million pounds in concentrates and 0.8 million pounds of cathode copper) and 1.8 million pounds of molybdenum. The increased production is attributable to improved copper and molybdenum recoveries and increased mill throughput during the quarter of 2011. Recoveries were 76.6% for copper and 73.6% for molybdenum and mill throughput averaged a record of 32,260 tons per day (tpd).



· Net income of $24.0 million ($0.12 per share) for the quarter (includes a one time charge of $2.8 million related to the Creston Moly acquisition) as compared to a net income of $22.9 million ($0.12 per share) for the comparable quarter of 2010.



· Revenues of $72.4 million for the quarter, an increase of $27.5 million, or 61%, over the comparable quarter of 2010.



· Cash costs* in the quarter for copper was $2.29 per pound and for molybdenum was $12.10 per pound, or 11% and 18%, respectively lower than the first quarter of 2011.


· Earnings from operations of $17.8 million (or nearly 25% of total revenues), representing an $8.0 million increase, or 82% increase, over the comparable quarter of 2010.



· The Company recorded earnings before interest, tax, depreciation, and amortization (EBITDA*) of $29.2 million for the quarter as compared to $29.1 million for the second quarter of 2010.



· Net cash from operations at the Company’s wholly owned Mineral Park Mine was $23.5 million for the quarter, compared to a negative $3.1 million in the second quarter of 2010.



· Capital expenditures of $19.7 million for the quarter included $15.7 million for the Phase 2 mill expansion and $4.0 million for the natural gas turbine installation at Mineral Park mine. The turbine was placed into service on August 15, 2011. Phase 2 mill expansion construction is complete and ore throughput will begin ramping up. The second ore crusher is expected to be completed and placed into service by mid-September, increasing the ore throughput to the design rate of 50,000 tpd.



· On June 22, 2011, the Company acquired all the outstanding common shares of Creston Moly Corp. (Creston Moly) by way of a previously announced plan of arrangement.

[Pirat_Micha]

Hallo !!

Finde die Meldung bis auf die "Cash" Kosten per lb/Moly echt super !! Die Cash-Kosten für Moly sind einfach zu hoch,es sei denn wir kommen mal zu alten Höchstkursen von 30-40 USD/lb zurück :-)

Pirat

[Pirat_Micha]

Gas turbine generator cuts power costs at U.S. copper/moly mineThe 50,000 t/d Mineral Park copper/moly/silver mine near Kingman, Arizona, US reckons its newly installed gas turbine generator will reduce power costs by 33% at today's natural gas prices.Author: John ChadwickPosted: Thursday , 18 Aug 2011TOULOUSE - Mercator Minerals' wholly-owned Mineral Park mine in Arizona has commenced commercial operation of its newly constructed natural gas turbine generator. The General Electric LM6000PF generator has comfortably passed performance testing and has been generating power at a rate of 40 MW, 3 MW above its stated capacity.The projected operating cost of the turbine using today's natural gas prices is approximately 33% less than our current power costs on a per kilowatt hour basis. Bruce McLeod, President and Chief Executive Officer, comments,"With the new generator now online, which was the largest constraint to achieving targeted production levels of 50,000 t/d run-rate, we can now focus our attention on finalising the Phase 2 expansion at Mineral Park."Mercator embarked on a two-phase expansion of its Mineral Park operations to a 50,000 t/d copper and molybdenum milling operation which is expected to increase total Mineral Park average annual production over the first ten years of a 25-year mine life to 56 million lbs of copper, 10 million lbs of molybdenum and 0.6 million oz of silver. Mercator's Mineral Park Mine expansion is one of the largest, furthest advanced copper-molybdenum expansion projects in North America.The first phase of the expansion to a 25,000 t/d milling operation was completed and achieved commercial production in the second quarter of 2009. Mercator is currently producing copper, molybdenum and silver n concentrates and copper by SX/EX leach extraction at its wholly-owned Mineral Park mine located near Kingman.John Chadwick is Editorial Director/Proprietor of International Mining magazine - www.im-mining.com

[Videomart]

[Videomart]

Sattva Capital Corrects Omissions by Mercator Minerals

August 22, 2011 09:00 ET
http://www.marketwire.com/press-release/sattva-capital-corre…

[Pirat_Micha]

Hallo !!

was ist denn da nun wieder im Busch, dachte die sache wäre erledigt ?

**grübel **

Micha

[Videomart]

18.08., 15:27 HAYWOOD SECURITIES
Mercator Minerals "sector outperform"

Rating-Update:

Vancouver (aktiencheck.de AG) - Stefan Ioannou und Evan Young, Analysten von Haywood Securities, stufen die Aktie von Mercator Minerals (ISIN CA5875821079/ WKN 900243) unverändert mit "sector outperform" ein. Das Kursziel werde bei 4,50 USD gesehen. (Analyse vom 17.08.2011) (18.08.2011/ac/a/u)

http://www.onvista.de/analysen/empfehlungen/artikel/18.08.20…

[Videomart]

[Videomart]

Mercator Minerals modifies shareholder rights plan

Fri Aug 19, 2011 10:13pm GMT

* Seeks to remove board discretion on rights plan waiver

* Amends fixed stock option plan

Aug 19 (Reuters) - Canadian mining company Mercator Minerals said it has modified a shareholder rights plan to bring it in line with current standards recommended by proxy advisory firm ISS.

The amended poison pill seeks to limit or eliminate the discretion of the board to waive the application of the plan without shareholder approval. It also makes an amendment to the definition of "permitted bid" to allow for partial bids.

On Feb 9, the owner of the Mineral Park mine in Arizona said it adopted a shareholder rights plan to protect it against takeovers, but not in response to any specific threat.

On Friday, the company also said it will put up for shareholder approval an amendment to its fixed stock option plan, which seeks to cut the plan ceiling to 20.5 million shares from 24.6 million earlier.

Shares of Mercator closed at C$2.31 on Friday on the Toronto Stock Exchange. (Reporting by Arnav Das Sharma in Bangalore; Editing by Anthony Kurian)


http://af.reuters.com/article/metalsNews/idAFL4E7JJ3PQ201108…

[Videomart]

26.08.11, 15:11

Bei einigen Rohstoffen deckt das Angebot nicht die Nachfrage. Laut der International Copper Study Group (ICGS) wies der globale Kupfermarkt in den ersten fünf Monaten des Jahres bereits ein Angebotsdefizit von 146 000 Tonnen auf. Die ICGS geht davon aus, dass sich das Defizit im Laufe des Jahres auf 377 000 Tonnen ausweitet. Geschuldet ist das Streiks, dem schlechten Wetter – und dem Rohstoffhunger Chinas. Laut Glencore seien die Kupferbestände in den chinesischen Zolllagern seit Jahresbeginn um rund 50 Prozent gefallen. „Berücksichtigt man den Vorratsabbau, dann kann man durchaus schlussfolgern, dass die reale Nachfrage stark ist“, führt der Rohstoffhändler aus. Das spricht nach einer Korrektur um zuletzt 15 Prozent wieder für steigende Kupferpreise.

http://www.boerse-online.de/aktie/nachrichten/deutschland/:B…

[Videomart]

China bonded copper stockpiles fall about 50pct - Glencore

Monday, 29 Aug 2011

Bloomberg quoted Glencore International Plc said copper stockpiles in bonded warehouses in China, the world largest user of the metal have dropped about 50% this year, adding to signs that demand is strong.

Baar Switzerland-based Glencore said in an earnings statement the decline partly reflects tighter financing conditions facing various market participants. Copper has dropped 6.2% this year on speculation global growth is slowing, curbing demand for metals.

Glencore said “Adjusting apparent demand for the significant inventory drawdowns we have seen in China during the first half 2011 one can conclude that real demand has been and continues to be strong.”

There are mounting risks to supply, particularly in the copper concentrate market.

The company said in the statement Glencore sold 17% less copper metal and concentrates in the first half than a year earlier. While demand for industrial metals in the US and Europe was constrained by limited supply growth, German usage was particularly strong mainly because of stronger export demand.

Mr Ivan Glasenberg CEO said Glencore said “We now do see more buying existing in China which should hopefully lead to the stronger second half of 2011. While the first half of last year was extremely robust because of zinc and copper restocking, we do not see the same restocking situation in the first half of 2011.”

Glencore said premiums buyers are prepared to pay for aluminum are being supported by inventory financing transactions and logistics bottlenecks. The company said it will stay focused on warehousing activities.

Glencore first half alumina and aluminum sales rose about 16% to 6.5 million tonnes.

(Sourced from Bloomberg)


http://steelguru.com/metals_news/China_bonded_copper_stockpi…

[Videomart]

Endlich mal wieder etwas Volumen!!

[Videomart]

Copper to Hit $5.15 in 2011

By Shayne Heffernan | August 26, 2011 8:01 PM HKT

Shayne Heffernan has raised his estimate on the Copper shortfall in 2011 to 700,000 tons, and expects December copper prices above $5.15 a pound as workers at some of the world's biggest copper mines in the world have also staged strikes of their own to demand a bigger share of windfall copper profits. Workers at BHP Billiton's Escondida, the world's largest copper mine, halted a two-week strike earlier this month that stoked global supply fears.

...

http://hken.ibtimes.com/articles/204351/20110826/copper-to-h…

[Videomart]

Copper strengthens on supply concerns

August 30, 2011 2:05 pm

By Emiko Terazono

Copper prices firmed on Tuesday, as worries over a global economic slowdown faded on positive US data, and investors focused on expectations of tighter supply.

Copper for three month delivery on the London Metal Exchange rose 0.78 per cent to $9,140 per tonne in London midday trading as investors moved to cover short positions.

Gayle Berry, base metals analyst at Barclays Capital, said data indicating strong fundamentals for copper had prompted a relief rally. With some of the macro economic concerns fading, investors were focused on lower production figures and lower inventories in China, she said. Prices firmed last week after inventory data in Shanghai showed declines in every metal.

Data showing Peruvian production of copper and zinc falling in July due to lower ore grades at key mines and the continuing labour dispute and the threat of a strike at Indonesia’s Freeport-McMoRan’s Grasberg mine, a key mine on a mountaintop in Indonesia, has also added upward pressure on copper prices. The eight-day strike in July at Grasberg led to a production loss of 35m pounds of copper and 60,000 ounces of gold

With bad weather conditions and labour disputes, many analysts have already used much of their production allowances for 2011, which will force them to revise down their production forecasts.

Other industrial metals were also firm, with aluminium for three month delivery on the LME up 0.5 per cent to $2,392 a tonne and zinc up 1.47 per cent to $2,285.

Gold fluctuated around the $1,800 level, rising 1.37 per cent to $1811.49 a troy ounce, while crude oil eased on a higher dollar, with ICE October Brent, the benchmark oil price, down $0.32 to $11.56 and the Nymex September West Texas Intermediate $0.68 lower at $86.58.

http://www.ft.com/intl/cms/s/0/2845ee64-d2ee-11e0-9aae-00144…

[Pirat_Micha]

... gefällt mir garnicht...

[Videomart]

Dafür steigt der Kupferpreis, was ich für wichtiger halte!!



Der Rückgang des Molypreises um 60 Cents führt rechnerisch zu einer Verminderung des Quartalsgewinnes um rund
1 Mio Cad (die Produktionsmengen aus Q2 zugrunde gelegt).

Eine Erhöhung des Kupferpreises um 30 Cents (wie in den letzten 3 Wochen gesehen) bedeutet dagegen
ein Gewinnplus von rund 2 Mio Cad...

Was wiegt schwerer??

[Videomart]

TCM execs undeterred by startup of rival Climax molybdenum mine

NEW YORK (Metal-Pages) 31-Aug-11
Executives of Canada-based Thompson Creek Metals (TCM) indicated that they are unconcerned about the pending startup of Freeport-MacMoRan’s US-based Climax molybdenum mine. “Our understanding is that the (Climax) startup will be sometime in 2012 (ramping up to) a rate of 20 million lbs/year. Our sense also is that Freeport's overall production will not be significantly different in 2012 versus 2011,” TCM CEO Kevin Loughrey said during a question and answer session in a recent conference call with analysts.
...
http://www.metal-pages.com/news/story/56626/tcm-execs-undete…

[Pirat_Micha]

Analysten-Bewertung - 01.09.11
Mercator Minerals "buy"
Rating-Update: Vancouver (aktiencheck.de AG) - Orest Wowkodaw, Analyst von Canaccord Genuity, stuft die Aktie von Mercator Minerals (<CA5875821079>/ <CA5875821079> unverändert mit "buy" ein. Das Kursziel werde bei 4,50 CAD (Kanadischer Dollar) belassen. (Analyse vom 31.08.2011) (01.09.2011/ac/a/u)

[Videomart]

DJ BASE METALS: Copper Climbs On Chinese Buying, Supply Worries

Aug 31, 2011 (Dow Jones Commodities News via Comtex)
http://news.tradingcharts.com/futures/9/4/164126449.html

Goldman Sachs said it remains "very bullish on copper fundamentals" as problems with copper mine output will reduce the amount of metal available to the market by more than previously expected.

"Copper supply disruptions will amount to at least 8% of total production loss this year, compared to 4%-5% we had expected earlier in the year," Goldman said.
...

[Pirat_Micha]

September 1, 2011 News Release # 2011-23

Mercator Minerals Annual and Special General Meeting Update

Mercator Minerals Appoints Head of Investor Relations and Communications

TRADING SYMBOL: TSX – ML

Vancouver, BC, September 1, 2011 – Mercator Minerals Ltd (TSX: ML) (“Mercator” or the “Company”) is pleased to announce that all resolutions presented before the Company’s shareholders at the 2011 Annual General Meeting (“Meeting”) were approved.



Following the official portion of the Meeting, Bruce McLeod, President and CEO, provided an update on Mercator with the following highlights:

· Mineral Park’s concentrator is today producing at a run-rate of 45,000 tons per day (tpd) and is in the process of ramping up to its targeted Phase 2 expansion run-rate of 50,000 tpd. After achieving record production in Q2-2011, the mine is on track to produce over 45 million pounds of copper and nearly 7 million pounds of molybdenum in 2011.

· The optimized feasibility study on the El Pilar deposit will be completed during the quarter, which will be used as the basis for financing the El Pilar project. The goal is to commence construction of the El Pilar copper mine before the end of 2011.

· A feasibility study on the El Creston deposit is in process.

· After closing the Creston Moly acquisition in June 2011, Mercator continues to seek opportunities to further grow and expand through industry consolidation.



A copy of Mr. McLeod’s presentation is available on the company’s website mercatorminerals.com and a replay of the webcast of the Meeting is available at http://www.gowebcasting.com/2795.



In the Board meeting following the Meeting, the Board of Directors appointed Robert J. Quinn as the Chairman and Ron Vankoughnett as the Lead Independent Director, following the resignation of Gavin Thomas as the Chairman, but remains as a director of the Company. The Directors of the Company are as follows:



Robert J. Quinn, Chairman

Ronald Earl Vankoughnett, Lead Director

D. Bruce McLeod, President and CEO

Colin K. Benner

John H. Bowles

Stephen P. Quin

Gavin Thomas

Mercator is also pleased to announce the appointment of David Jan as the Company’s Head of Investor Relations and Communications. Mr. Jan is a Chartered Accountant (CA) and joins Mercator from Western Coal Corp., where he held the position of Head of Investor Relations. In that role he significantly contributed in increasing Western Coal’s profile as it grew from a junior mining company to a $3.3 billion global mining company. Over the past 20 years Mr. Jan has held progressively senior financial positions in other natural resource companies.


“We are pleased to have David join the Mercator management team, “said Bruce McLeod, President and Chief Executive Officer. “His background is an excellent fit for the company as we grow and expand our presence in the capital markets.”

[Videomart]

25% Copper Price Increase Forecast
Rodney Cooper: Bullish on Iron Ore and Copper

Source: Brian Sylvester of The Gold Report (8/31/11)

Rodney Cooper, a senior mining analyst with Dundee Capital Markets in Toronto, has some rather bullish forecasts for iron ore and copper prices. But given the worldwide economic malaise and a slowdown for China's economic powerhouse, what's his rationale? Cooper talks about his predictions in this exclusive interview with The Gold Report...

http://www.theaureport.com/pub/na/10756

[Videomart]

Mercator Minerals Ltd.: Neutral mit Kursziel 3,50 CAD

01.09.2011 | 15:12 Uhr | Rohstoff-Welt.de

Mercator Minerals Ltd. veröffentlichte kürzlich die finanziellen Ergebnisse des zweiten Quartals 2011. Der Gewinn pro Aktie belief sich auf 0,11 USD, die Konsensschätzung lag bei 0,05 USD. Der Cashflow je Aktie betrug 0,06 USD, die Schätzungen lauteten 0,07 USD.

Die Cashkosten konnten im Vergleich zum vorangegangenen Quartal um 11% auf 2,29 USD/Pfund Kupfer reduziert werden. In Mineral Park wurde eine Rekordproduktion von 11,2 Mio. Pfund Kupfer und 1,8 Mio. Pfund Molybdän erreicht. Außerdem trugen die höheren Metallpreise zu den guten finanziellen Ergebnissen bei. Phase 2 in Mineral Park soll jedoch erst Mitte September beginnen.

Da das Unternehmen seine Produktionsplanung aufgrund der Verzögerungen von 47.300 Pfund auf 45.200 Pfund Kupfer korrigiert hat, verringern die Analysten für Ende 2011 die Schätzungen für den Gewinn pro Aktie von 0,12 USD auf 0,10 USD sowie den Cashflow je Aktie von 0,19 USD auf 0,17 USD.

Macquarie Research bewertet Mercator neutral und nennt das Kursziel 3,50 CAD.


http://www.rohstoff-welt.de/news/artikel.php?sid=29678

[Videomart]

US copper orders seen flat to November

September 03, 2011 - 03:55 GMT Location: New York

The majority of copper fabricators and service centers don’t expect their order levels to improve before November, according to a Copper and Brass Service Center Association (CBSA) report revealing a drop in shipments and stagnant July inventories.

The majority of copper fabricators and service centers don’t expect their order levels to improve before November, according to a Copper and Brass Service Center Association (CBSA) report revealing a drop in shipments and stagnant July inventories.
Most of the 22 fabricators and distributors that took part in the survey—some 71 percent of service centers and 55 percent of fabricators supplying the distributors—see no change in incoming order levels for August, September and October compared with the previous three months.

"For those of us that are restocking, there’s some hesitation," one service center told AMM. "It’s hard to make assumptions that business is going to get any better. I think we’re hoping it just doesn’t get any worse."

Some were more optimistic though, with almost one-third of suppliers and 12 percent of service center respondents...


http://www.metalbulletin.com/Article/2894791/Base-metals/US-…

[Videomart]

Institutional Holders (19.07.2011)

% Shares Owned: 40.23%
# of Holders: 54
Total Shares Held: 98,339,149
3 Mo. Net Change: 1,203,304
# New Positions: 1
# Closed Positions: 2
# Increased Positions: 12
# Reduced Positions: 5
# Net Buyers: 7


Institutional Holders (aktuell)

% Shares Owned: 56.25%
# of Holders: 63
Total Shares Held: 138,348,463 (+40%
3 Mo. Net Change: -6,764,426
# New Positions: 3
# Closed Positions: 5
# Increased Positions: 19
# Reduced Positions: 16
# Net Buyers: 3


http://www.reuters.com/finance/stocks/financialHighlights?sy…

[Videomart]

2011 Annual General Meeting

Creating a Leading Copper and Molybdenum Producer
August 2011

http://mercatorminerals.com/docs/2011-08-26-AGM-2011-present…

[Videomart]

Signifikante Kupferknappheit droht

Geschrieben von Björn Junker • 5. September 2011
http://www.goldinvest.de/index.php/signifikante-kupferknapph…

[Videomart]

The Credibility Crash

From The August 2011 HRA Journal
David Coffin and Eric Coffin
http://aheadoftheherd.com/1Articles/Coffin/2011/THE-CREDIBIL…

Auszug:

"Things were anything but rosy for the red metal. Copper gets pounded hard right along with equity markets. We’ve expected a pullback even before major markets crashed. The speed of the downside move was impressive and it looks like a lot of longs have exited the market. The copper price is getting closer to reasonable but if markets fall harder copper will fall with them. We see no point in getting brave about copper equities until the markets sort themselves. The same holds for other base metals."

[Pirat_Micha]

Mercator Minerals Provides Mineral Park Phase II Expansion Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 8, 2011) - Mercator Minerals Ltd. (TSX:ML) ("Mercator" or the "Company") is pleased to provide an update on the Phase II expansion at its wholly-owned Mineral Park Mine in Arizona. Since commissioning the natural gas turbine (see August 15, 2011 press release), through-put of the concentrator has averaged over 40,000 tons per day (tpd). During the final week of August through-put averaged nearly 45,000 tpd, with a single day record of 49,195 tons achieved on August 31st.

Bruce McLeod, President and Chief Executive Officer, comments, "Despite the down time taken in August to tie in the new turbine and Phase II grinding and flotation circuits, our team did a tremendous job ramping up through-put to the highest levels ever. Even though nearly 50,000 tpd through-put has been achieved, completion of the second crusher later in September will remove the final bottleneck to sustain through-put at these levels."

About Mercator Minerals Ltd.

Mercator Minerals Ltd., a TSX listed Canadian mining company, with one of the fastest growing base metal profiles in its peer group, is a leading copper and molybdenum producer with a diversified portfolio of high quality operations and projects in the USA and Mexico. Mercator provides investors exposure to current copper and molybdenum production from the large tonnage long life Mineral Park Mine in Arizona, as well as mid-term exposure to additional copper and moly production through the development of the El Pilar and El Creston deposits in northern Mexico.

For further information please visit www.mercatorminerals.com.

On Behalf of the Board of Directors

[Videomart]

Global Refined Copper Demand Seen +40% At 27M Tons By 2020

10:02 AM Eastern Daylight Time Sep 08, 2011
http://www.investorvillage.com/smbd.asp?mb=10163&mn=4663&pt=…

[Videomart]

Copper May Advance on China Import Speculation, Survey Shows

By Maria Kolesnikova - Sep 9, 2011 1:01 AM GMT+0200
http://www.bloomberg.com/news/2011-09-08/copper-may-advance-…

[Pirat_Micha]

Hallo !!

Vergiss bitte nicht den Moly - Preis..
ML ist ja mehr ein Moly Produzent als Kupfer

Molybdenum Oxide Price
Metals Week Average:
US$14.60
As of September 5, 2011
(updated weekly)

[Pirat_Micha]

Erneute Streiks in Kupferminen
14.09.2011 | 11:21 Uhr | Weinberg, Eugen, Commerzbank AG


Industriemetalle

In China sind die Eisenerzimporte laut Daten der Zollbehörde im August gegenüber dem Vormonat um 8,3% auf 59,1 Mio. Tonnen gestiegen. Dies ist auf die hohe Stahlproduktion sowie auf ein Auffüllen der Lagerbestände bei den Stahlherstellern zurückzuführen. Das Reich der Mitte hat in den ersten acht Monaten des Jahres insgesamt 447,6 Mio. Tonnen Eisenerz importiert, 10,6% mehr als im Vorjahr. Die hohen Importaktivitäten spiegeln sich auch im Baltic Dry Index wider, der die Frachtraten für Schüttguttransporte misst und von seinem temporären Tief im August mittlerweile um über 50% gestiegen ist.

Gemäß Daten des Nationalen Statistikbüros war die chinesische Stahlproduktion im August mit 58,75 Mio. Tonnen fast 14% höher als im Vorjahr. Der Verband der chinesischen Eisen- und Stahlindustrie erwartet, dass im Reich der Mitte in diesem Jahr bis zu 710 Mio. Tonnen Stahl hergestellt werden. Dies bedeutet, dass die Nachfrage nach Eisenerz und damit die Importe im weiteren Jahresverlauf sehr robust bleiben sollten. Der Eisenerzpreis dürfte sich daher auf dem aktuellen Niveau von knapp 180 USD je Tonne gut behaupten können.

Ab heute werden die Grasberg-Mine in Indonesien und die Cerro Verde-Mine in Peru, zwei der weltweit größten Kupferminen, bestreikt. Die Angebotssituation am globalen Kupfermarkt - das Research-Institut Brook Hunt erwartet ein Defizit von 351 Tsd. Tonnen in diesem Jahr - dürfte sich dadurch weiter zuspitzen, was den Kupferpreis mittelfristig unterstützen sollte

[Videomart]

Dundee und Jitney kaufen auf "Teufel komm raus" !!!

[Videomart]

Leider fällt der Kupferpreis und damit auch Mercator.

Man hätte sofort nach der Übernahme und dem Umtausch der Shares verkaufen sollen!!
Dumm gelaufen....

[Pirat_Micha]

Antwort auf Beitrag Nr.: 42.113.480 von Videomart am 20.09.11 23:01:34

Hallo !

Habe doch einfach noch 1 oder 2 Jahre geduld...

Pirat

[Videomart]

Geduld???

Hier nicht verkauft zu haben ist schlichtwg Dummheit...

[Schorsch°]

Jà, der Kupferpreis fällt, aber man muß auch sehen woher er kommt. Die Kursabschläge von ML sind doch überzogen!?

[Schorsch°]

Der Kupferpreis kommt von 10000 und jetzt 8000. Der ML-Kurs von fast 5 auf 1,86 KDollar.

[Videomart]

Antwort auf Beitrag Nr.: 42.118.644 von Schorsch° am 21.09.11 22:18:59

Das glaube ich nicht!!

Mercator hat einen sehr hohen Schuldenstand, solche Fimen werden in der Krise doppelt abgestraft.
Natürlich gehen sie auch viel schneller Pleite als "gesunde" Companies...

[Videomart]

Der Gesamtmarkt ist heute gefallen, nicht der Kupferpreis:

[Trockentrader]

Da sieht man mal was ML für ein gutes Konjunktur-Hebelpapier ist.

Einzig der Molypreis wirkt sich auf die komplette produzierte Menge aus; das Silber ist ganz, das Kupfer (noch) zum grössten Teil gehedgt.

Ich persönlich finde die Schwankungsbreite überzogen, allerdings eröffnen sich dadurch auch Chancen.

[Videomart]

Mercator kurz vor dem 2-Jahres-Tief!!

Wenn wir in eine Krise wie 2008 fallen sollten (und danach sieht es momentan schwer aus),
werden selbst die heutigen Kurse noch hoch wirken...

[TomLong]

Antwort auf Beitrag Nr.: 42.122.845 von Videomart am 22.09.11 17:25:00

Sieht aber auch danach aus, als ob bei 1,50 CAD der Boden bzw. die Unterstützung erreicht würde.

[Schorsch°]

Nochmal zum meinen letzten Postings. Der Kuper- und Molypreis steht viel höher als z.B. 2008. Demnach müsste ML doch heute besser verdienen. Der ML Kurs schmiert aber bald auf das Niveau von 2008 ab?? Das ist doch nicht logisch.

[Trockentrader]

Antwort auf Beitrag Nr.: 42.125.871 von Schorsch° am 23.09.11 10:31:17

Hast Du mal nachgesehen ob ML seine Verpflichtungen erfüllen kann
(zu bestimmten Zeitpunkten im Jahr positive Zahlen, Kreditraten etc.)?

Ich komme in den nächsten Wochen leider nicht dazu.

Zur Logik: Ich fand das gestern abend schon nicht logisch das ALLE Zahlen tiefrot waren (ausgenommen Milch, die schloß unverändert).
Sah für mich danach aus als ob große Adressen Geld bräuchten und Assets auf Teufel komm raus verkaufen. Dazu schlechte Chartbilder, große + enge Stop-Loss-Orders etc. ...

Wenn man sieht was bei den Banken los ist halte ich das durchaus für möglich.

[Videomart]

Nanu, die Leiche zuckt noch...!!

[Videomart]

Institutional Holders

% Shares Owned: 56.89%
# of Holders: 66
Total Shares Held: 140,443,877
3 Mo. Net Change: -6,092,900
# New Positions: 5
# Closed Positions: 9
# Increased Positions: 23
# Reduced Positions: 21
# Net Buyers: 2

http://www.reuters.com/finance/stocks/financialHighlights?sy…

[Schorsch°]

http://diepresse.com/home/wirtschaft/international/697451/Ch…

Also weiter schlechte Zeiten für ML?!

[Videomart]

Insider Trades by Symbol - TSX Venture Exchange
Company Name: : Mercator Minerals Ltd.
Last Updated: October 5, 2011

Date: 10/05/2011
Symbol: ML
Insider Buys Volume: 41,400
Insider Sells Volume: 0
Insider Buys Value $: 60,030.00
Insider Sells Value $: 0.00
Insider Buys Transaction: 18
Insider Sells Transaction: 0
Currency: CAD

http://www.tmxmoney.com/HttpController?GetPage=SearchInsider…

[Videomart]

Oct 05/11 McLeod, Donald Bruce Direct Ownership Common Shares
10 - Acquisition in the public market 50,000 $1.450

http://www.canadianinsider.com/coReport/allTransactions.php?…

[Videomart]

Bloomberg:
Codelco Says Price Slump May Lure China to Rebuild Copper Supply

October 04, 2011, 10:22 AM EDT
http://www.businessweek.com/news/2011-10-04/codelco-says-pri…

[Videomart]

[Videomart]

Ein 8 Milionen-Trade !!!

[Videomart]

Dundee Securities stuft MERCATOR MINERALS LTD auf buy

Autor: Aktiencheck Analysen | 13.10.2011, 08:29

Toronto (aktiencheck.de AG) - Rodney Cooper, Analyst von Dundee Securities, stuft die Aktie von Mercator Minerals (ISIN CA5875821079/ WKN 900243) in einer Ersteinschätzung mit "buy" ein. Das Kursziel werde bei 4,20 Kanadischen Dollar gesehen. (Analyse vom 12.10.11) (13.10.2011/ac/a/a)

http://www.wallstreet-online.de/nachricht/3503573-dundee-sec…

[Videomart]

Rebound beim Kupferpreis:

[Pirat_Micha]

Mercator Minerals Provides a Five-year Operating Forecast for its Mineral Park Mine



Vancouver, British Columbia –October 24, 2011 - Mercator Minerals Ltd. (TSX:ML) ("Mercator" or the "Company") is pleased to provide, following the completion of the Phase II expansion project, a five-year operating forecast for its wholly-owned Mineral Park Mine in Arizona.



Highlights of Forecast

· Mill throughput increases from an average of 50,000 tons per day (“tpd”) to 52,500 tpd commencing in July 2012, to 55,000 tpd in 2013;

· Copper production to average approximately 51 million pounds annually (comprised of 46.4 million pounds of copper in concentrates and 4.6 million pounds of cathode copper);

· Molybdenum production to average approximately 11.8 million pounds in concentrates annually;

· A total of approximately 121.4 million pounds of copper equivalent in concentrates and cathodes per year (1);

· Remaining mine life of 23 years.



Bruce McLeod, President and CEO of Mercator comments, “Following the successful completion of the Phase II expansion to 50,000 tons per day, we are pleased to provide a base case five-year operating forecast for the Mineral Park mine. We believe there may be opportunities for improvement upon the base case guidance as we seek further operating efficiencies. In addition, there may be additional opportunities for increased copper and molybdenum production, since we have not included any impact from the positive grade reconciliation between pounds mined to date versus the block model in our five year operating forecast. This reconciliation has resulted in the delivery of an estimated 8.8% and 1.6% more copper and molybdenum respectively than the mine plan had modeled.”

[Videomart]

Antwort auf Beitrag Nr.: 42.251.609 von Pirat_Micha am 24.10.11 19:53:01

Keinerlei erkennbare Reaktion auf die Nachrichten! Das Kursplus ist durch den Anstieg des Kupferpreises sowie durch den positiven Gesamtmarkt bedingt...

[Pirat_Micha]

Analysten-Bewertung - 26.10.11

Mercator Minerals "sector outperform"

Vancouver (aktiencheck.de AG) - Stefan Ioannou und Evan Young, Analysten von Haywood Securities, stufen die Aktie von Mercator Minerals (<CA5875821079>/ WKN 900243) mit "sector outperform" ein. Das Kursziel werde bei 4 USD gesehen. (Analyse vom 25.10.2011) (26.10.2011/ac/a/a)

Quelle: Haywood Securities

[Videomart]

Antwort auf Beitrag Nr.: 42.264.326 von Pirat_Micha am 27.10.11 09:35:11

4,00 US$, das sind vom heutigen Kurs locker noch 130% Plus nach oben!
Unter 3 Euro wollte ich das Papier eigentlich nicht verkaufen.

Die Frage ist nur, ob es den Euro noch gibt, wenn Mercator die 4 Dollar erreicht...

[Videomart]

[Big-M]

Das hast du schön geschrieben...

[Videomart]

Volumen-Alarm: bereits über 4 Mio Stücke gehandelt!

[Videomart]

Minenwerte sind ja bekanntlich sehr volatil.
Aber Mercator schiesst heute mal wieder den Vogel ab!!

Wer mit so hohen Schulden belastet ist, den trifft's natürlich immer härter als die anderen...

[Videomart]

Berichtigung:

Grösster Verkäufer heute (mit 46k):
Penson Financial Services Canada Inc., ein Broker, der auch für Deutsche Anleger arbeitet...

[Videomart]

Antwort auf Beitrag Nr.: 42.288.384 von Videomart am 01.11.11 22:11:59

Das letzte Posting bezog sich nicht auf diesen Thread, sorry!!


Bei Mercator geht's volatil weiter, diesmal wieder nach oben.

1Mio Stücke in 30 minuten gehandelt:

[Videomart]

"Des einen Freud, des anderen Leid"...

Der Streik in Freeport McMoRan's Grasberg Mine unterstützt den Kupfer-Preis:

http://uk.reuters.com/article/2011/11/03/freeport-grasberg-i…

[Pirat_Micha]

...

das sieht ja mal garnicht gut aus :

[Pirat_Micha]

Mercator Minerals Files El Pilar Feasibility Study Technical Report



Vancouver, British Columbia – November 9, 2011 – Mercator Minerals Ltd. (TSX:ML) (“Mercator”, or the “Company”) is pleased to announce that, further to the September 27, 2011 press release, it has filed the El Pilar National Instrument 43-101 (“NI 43-101”) compliant feasibility study (“FS”) on SEDAR (www.sedar.com) and on the Company’s website (www.mercatorminerals.com).



In summary, the highlights of the El Pilar FS include:



Base Case(1) Highlights
(all amounts in U.S. dollars unless otherwise indicated)

Net present value (“NPV”), discounted at 8%, of $335.3 million(2);
Internal rate of return (“IRR”), of 35.7%(2);
Payback period of 1.7 years;
Life-of-mine (“LOM”) average annual production of 73.0 million pounds of copper cathode, with copper cathode production averaging 78.7 million pounds per year in the first five years;
Expected average life of mine total cash operating costs are $1.37 per pound of payable copper, average $1.27 per pound in the first five years, and $0.94 per pound in the first year;
Initial capital of $245 million, excluding working capital;
12-year mine life, with total estimated copper production of 881.7 million pounds; and
Mining and stacking of run-of-mine ore at an average LOM rate of 52,000 metric tonnes per day, 49,000 metric tonnes per day in the first five years.

(1) Base Case at $3.83/lb. copper price per pound Year 1, $3.44/lb Year 2, $3.14/lb Year 3 and $2.60/lb for the remaining life of mine, averaging $2.82/lb copper over the life of mine;

(2) Calculated on an after-tax basis.



“Metallurgical testing completed subsequent to that used in the feasibility study has indicated that we have significant opportunities to increase the value of an already robust high return, low cost project”, states Bruce McLeod, Mercator’s President and CEO. “With a short construction time frame and 100% ownership of the project, we can control the timing of this project to meet market conditions. Meanwhile, we continue to prudently seek financing alternatives to ensure we realize the most value from El Pilar for our shareholders.”



The FS highlights various opportunities to increase the value of El Pilar, with the two most significant opportunities being:



1) Final metallurgical test results, based on column teardown data, indicate increased copper extractions may occur in the planned three meter lifts, as compared to the six meter column copper extractions used for the Base Case. It should be noted that the three meter lift height was already contemplated in the Base Case stacking configuration, but the full benefit of the anticipated higher recovery related to the thinner lifts was not yet accounted for, pending receipt of the finalized column teardown data. This opportunity could result in:

· Total copper recovered to 970 million pounds, an increase of 10% over the Base Case;

· Average life of mine recoveries of 59.9%, an increase of 8% over the Base Case;

· An increase in NPV8% to $435.4 million, an IRR of 42.2% and a payback of 1.5 years.



2) These metallurgical tests also indicate that even higher copper extraction may occur over 360 days of leaching, using either three meter or six meter lift height, due to continued copper extraction over time in the multi-lift heap configuration. This opportunity could result in:

· Total copper recovered to 1,072 million pounds, an increase of 22% over the Base Case;

· Average life of mine recoveries of 64.9%, an increase of 17% over the Base Case;

· An increase in NPV8% to $552.3 million, an IRR of 50.3% and a payback of 1.4 years.

[Pirat_Micha]

..
endlich mal was Volumen in Frankfurt

Zeit
Kurs

Volumen
16:41:10 1,22 15901
16:40:50 1,219 3500
08:00:14 1,191 0

[Pirat_Micha]

Mercator Minerals Reports 26% Increase in Revenues in Third Quarter 2011

Cash Flow from Operations of $23.2 million, a 63% increase



(All financial information prepared in accordance with International Financial Reporting Standards ("IFRS");
all amounts in US$ unless otherwise specified)



Vancouver, BC, November 14, 2011 – Mercator Minerals Ltd (TSX: ML) (“Mercator” or the “Company”) today announced revenues for third quarter 2011 of $64.0 million, an increase of $13.2 million or 26% over the third quarter 2010. Cash flow from operations was $23.2 million in the third quarter 2011, an increase of $9.0 million or 63% over the same quarter a year ago. Net income for the third quarter 2011, which includes unrealized gains from derivative instruments, was $106.8 million or $0.43 per share on a basic basis.



“The third quarter of 2011 was a watershed period of transition for Mercator”, stated Bruce McLeod, President and CEO. “The focus of this quarter was ensuring the successful completion of Phase 2, which has increased production levels and will lower unit costs. After four years of construction at Mineral Park, we look forward to taking advantage of our newly expanded operation and focuson improving operating efficiencies that should increase through-put rates to greater than 50,000 tons per day, increase recoveries and lower the mine unit operating costs.”



THIRD QUARTER HIGHLIGHTS AND SIGNIFICANT ITEMS

· During the quarter, the Company completed construction of the Phase 2 mill expansion at its Mineral Park mine (“Mineral Park”), and despite the production interruptions associated with construction, Mineral Park had another strong quarter of copper and molybdenum production. Copper production totaled 10.5 million pounds (9.4 million pounds in concentrates and 1.1 million pounds of cathode copper) and 2.0 million pounds of molybdenum in concentrates.



· The Company also achieved improved copper and molybdenum recoveries and increased mill throughput. Recoveries were 77.2% for copper and 76.6% for molybdenum while mill throughput averaged a record of 36,151 tons per day (tpd) for the period. Subsequent to the end of the third quarter of 2011, as the Phase 2 expansion was ramping up, mill throughput for the month of October averaged over 47,000 tpd.



· Net income was $106.8 million or $0.43 per share (basic) for the quarter as compared to a net loss of $70.7 million or a loss of $0.36 per share (basic) for the comparable quarter of 2010. Adjusted net income* was a loss of $3.0 million ($nil per share, basic) as compared to adjusted net income of $7.4 million ($0.04 per share, basic) for the same quarter of 2010.



· Revenues were $64.0 million for the quarter, an increase of $13.2 million, or 26%, over the comparable quarter of 2010.



· Total cash costs* in the quarter were $2.49 per pound for copper in concentrate and $10.99 per pound for molybdenum in concentrate, or 10% higher and 10% lower, respectively than the second quarter of 2011.



· Earnings from operations were $6.3 million (10% of total revenues), representing a $3.8 million decrease, or 38% decrease, over the comparable quarter of 2010.



· Cash flows from operating activities were $23.2 million or $0.09 per share* (basic) for the quarter, compared to $14.2 million or $0.07 per share* (basic) for the comparable quarter of 2010, or a 63% increase over the comparable period in 2010.



· Capital expenditures of $19.3 million for the quarter included $11.8 million for the Phase 2 mill expansion and $6.6 million for the natural gas turbine installation at Mineral Park. The turbine was placed into service on August 15, 2011. Phase 2 mill expansion construction was completed during the third quarter of 2011 with throughput approaching the design rate of 50,000 tpd at the en

[Pirat_Micha]

..
gut das Molypreis wieder etwas steigt,sonst hätte sich es kaum für ML gelohnt ..

[Videomart]

Mercator Minerals Completes 90-Day Performance Test at Mineral Park Mine
Mill through-put exceeds 45,000 tons per day for 90 days


Press Release: Mercator Minerals Ltd. – Wed, Nov 16, 2011 7:00 AM EST

VANCOUVER, BRITISH COLUMBIA--(Marketwire -11/16/11)- Mercator Minerals Ltd. (TSX: ML.TO - News) ("Mercator", or the "Company") is pleased to announce today it has achieved for a consecutive 90-day period an average mill through-put rate of 45,058 tons per day and also achieved average copper and molybdenum recoveries of 79.5% and 73.1%, respectively, at its wholly-owned Mineral Park Mine in Arizona.

This milestone satisfies the performance test required in the project loan agreement with the lending group, and reduces the cash sweep significantly down to 25% at the Mineral Park Mine, which will provide greater financial flexibility for the Company.

The performance test commenced on August 17, 2011 and was completed on November 14, 2011.

Bruce McLeod, President and CEO comments, "From the day we started commissioning the second concentrator line at Mineral Park, our operational group has done a tremendous job ramping up production and recoveries to successfully complete the performance test. Despite reduced crushing capacity in the early part of the test period, prior to the second crusher coming online on September 30, 2011, the operational group has proven that it is an innovative and experienced team that can rise to the challenge and also take great pride in their work."

On Behalf of the Board of Directors

MERCATOR MINERALS LTD.

D. Bruce Mcleod, P.Eng, President and CEO

http://finance.yahoo.com/news/Mercator-Minerals-Completes-iw…

[Pirat_Micha]

Analysten-Bewertung - 22.11.11

Mercator Minerals neues Kursziel

Toronto (aktiencheck.de AG) - Ian Parkinson, Analyst von CIBC World Markets, stuft die Aktie von Mercator Minerals (<CA5875821079>/ <CA5875821079> unverändert mit "sector performer" ein. Das Kursziel auf Sicht von 12 bis 18 Monaten werde von 4,50 auf 4,40 Kanadische Dollar gesenkt. (Analyse vom 21.11.11) (22.11.2011/ac/a/a)
Quelle: CIBC World Markets


Auch wenn es 24 Monate dauert, wir sitzen auf einer Goldgrube ;-)

Geduld haben

Pirat

[Videomart]

Crosstrade BMO Nesbitt Burns:

8,05 Millionen Shares!!!

[Videomart]

Kursziel erneut gekappt!!

Mercator ist (wie auch beim letzten Crash) einer der grössten Verlierer in der Krise. Glückwunsch an alle Creston-Aktionäre, die die direkt nach dem Aufkauf ausgestiegen sind...

http://www.cnbc.com/id/45399803/BRIEF_RESEARCH_ALERT_Haywood…

[Pirat_Micha]

Hallo !

Warum die Panik ??
Ihr Kursziel beträgt immerhin noch immer 100% Aufschlag !!

Geduld geduld

Pirat

[Pirat_Micha]

Analysten-Bewertung - 28.11.11

Mercator Minerals "buy"

Montreal (aktiencheck.de AG) - Chris Chang, Analyst von Laurentian Bank Securities, stuft die Aktie von Mercator Minerals in einer Ersteinschätzung mit "buy" ein.
Das Kursziel werde bei 3,40 Kanadischen Dollar gesehen.

(Analyse vom 25.11.11)
(28.11.2011/ac/a/a)
Quelle: Laurentian Bank Securities

[TomLong]

Hatte letzte Woche nochmal nachgelegt. ME. steht Mercator sehr gut da, der Kurs dürfte bei entsprechendem Umfeld wieder das Niveau vom Januar erreichen.

[Videomart]

Paradigm Capital stuft Mercator Minerals auf buy

Autor: Aktiencheck Analysen | 30.11.2011, 08:38

Toronto (aktiencheck.de AG) - Jeff Woolley, Analyst von Paradigm Capital, stuft die Aktie von Mercator Minerals (ISIN CA5875821079/ WKN 900243) in einer Ersteinschätzung mit "buy" ein. Das Kursziel werde bei 3,50 Kanadischen Dollar gesehen. (Analyse vom 29.11.11) (30.11.2011/ac/a/a)

http://www.wallstreet-online.de/nachricht/3864237-paradigm-c…

[Videomart]

Der Kupferpreis explodiert!!
http://www.reuters.com/article/2011/11/30/markets-metals-idU…

[Pirat_Micha]

Analysten-Bewertung - 01.12.11

Mercator Minerals Kursziel angehoben
Toronto (aktiencheck.de AG) - Patrick Morton, Analyst von RBC Capital Markets, stuft die Aktie von Mercator Minerals (<CA5875821079>/ <CA5875821079> unverändert mit "sector perform" ein.
Das 12-Monats-Kursziel werde von 1,90 CAD (Kanadischer Dollar) auf 2,20 CAD angehoben.

(Analyse vom 30.11.2011) (01.12.2011/ac/a/a)

[Pirat_Micha]

Mercator Minerals Closes $20 Million Financing




Vancouver, British Columbia - December 5, 2011 - Mercator Minerals Ltd.
(TSX: ML) ("Mercator" or the "Company") is pleased to announce that it
has closed its previously announced private placement (the "Offering")
of 11,428,572 units ("Unit") to raise gross proceeds of C$20 million.
Each Unit was comprised of one common share (the "Common Shares") and
one-quarter of one common share purchase warrant (the "Warrants").
Each Warrant entitles the holder to purchase one additional Common Share
of the Company at a price of C$2.50 per share until December 2, 2014. A
finder's fee of C$0.54 million was paid in connection with the
financing.

The Company intends to use the proceeds received from the sale of Units
primarily to optimize and compress the construction schedule for the
development of the El Pilar project. This will include commencement of
the detailed engineering work, payment of the Change of Land Use ("CUS")
permit fees, payment for land and right of way costs and to allow for
the delivery of a "construction ready" project. These activities will
allow for a quicker start-up when construction financing for the El
Pilar project is available. The proceeds may also be used for general
corporate and working capital purposes.

Bruce McLeod, President and CEO stated, "The optimization work to be
conducted on the El Pilar project will include revising our mineral
reserves and mine plan to capture the benefits of reducing the lift
height on the leach pads to three meters. This opportunity could
increase the net present value (discounted at 8%) of an already robust
and attractive project by US$100 million to over US$435 million."

The El Pilar feasibility study can be found on SEDAR and on the
Company's website (see November 9, 2011 press release: Mercator Minerals
Files El Pilar Technical Report
<http://www.mercatorminerals.com/s/NewsReleases.asp?ReportID=…
e=News-Releases&_Title=Mercator-Minerals-Files-El-Pilar-Feasibility-Stud
y-Technical-Report> ).

The securities offered have not been registered under the U.S.
Securities Act of 1933, as amended, and may not be offered or sold in
the United States absent registration or an applicable exemption from
the registration requirements. This email shall not constitute an offer
to sell or the solicitation of an offer to buy nor shall there be any
sale of the securities in any State in which such offer, solicitation or
sale would be unlawful.



For further information please visit www.mercatorminerals.com or
contact:

Bruce McLeod

[Pirat_Micha]

Analysten-Bewertung - 15.12.11

Mercator Minerals Ersteinschätzung
Toronto (aktiencheck.de AG) - Johannes Faul, Analyst von BMO Capital Markets, stuft die Aktie von Mercator Minerals (<CA5875821079>/ <CA5875821079> in einer Ersteinschätzung mit "market perform" ein. Das Kursziel werde bei 2,00 Kanadischen Dollar gesehen. (Analyse vom 13.12.11) (15.12.2011/ac/a/a)
Quelle: BMO Capital Markets

[OnkelDilbert]

Antwort auf Beitrag Nr.: 42.484.953 von Pirat_Micha am 15.12.11 12:29:52

Heute abend in Toronto Kurs knapp 10% im Plus
Rohstoff-Hunger kehrt wieder
Schöne Grüße, O.D.

[Videomart]

[Pirat_Micha]

Mercator Minerals' Form 40-F Registration Statement Effective
10.01.2012 | 23:30 Uhr | Marketwire

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/10/12 -- Mercator Minerals Ltd. (TSX: ML) - Mercator Minerals Ltd. ('Mercator' or the 'Company') is pleased to announce that its registration statement on Form 40-F, filed on November 8, 2011, as amended on December 7, 2011 and December 22, 2011, with the United States Securities and Exchange Commission ('SEC') to register its common shares under Section 12 of the Securities Exchange Act of 1934, as amended (the 'U.S. Exchange Act'), automatically went effective on January 9, 2012, pursuant to Section 12(g)(1) of the U.S. Exchange Act. As a result, Mercator is now a reporting issuer under the U.S. Exchange Act and broker-dealers in the United States are able to effect transactions in common shares of Mercator in the United States through the Toronto Stock Exchange ('TSX'). Mercator's common shares trade in Canada on the TSX through Canadian broker-dealers.

[Videomart]

Kupfer-Preis beim Ausbruch??




http://www.thestreet.com/story/11375718/1/copper-is-signalin…

[Pirat_Micha]

Mercator Minerals Reports Record Production for 2011 and Provides 2012 Guidance



Copper equivalent production of 80.3 million pounds in 2011
Year over year copper equivalent growth of 12% to 25% expected in 2012


Vancouver, British Columbia -- January 16, 2012 - Mercator Minerals Ltd. (TSX:ML) ("Mercator" or the "Company") is pleased to announce its production results for the three months and year ended December 31, 2011, along with 2012 guidance for production, capital expenditures and average cash costs from its wholly-owned Mineral Park Mine in Arizona. With the successful completion of the Phase II mill expansion and improving operating efficiencies planned for 2012, the Company expects to produce 90 to 100 million copper equivalent(3) pounds in 2012.

Fourth Quarter 2011 Highlights

Record production levels of:

Total copper production of 11.3 million pounds

Molybdenum production of 2.3 million pounds

Silver production of 204,000 ounces

Record recovery of copper of 80.1%

Record tons milled of 4.0 million tons

Record tons mined of 6.7 million tons

Completed a consecutive 90-day performance test of more than 45,000 tons per day throughput

[Pirat_Micha]

Mercator Minerals Provides an Update on El Pilar Activities



Vancouver, British Columbia – January 17, 2012 - Mercator Minerals Ltd. (TSX:ML) ("Mercator" or the "Company") is pleased to provide an update on activities at its wholly owned El Pilar project. On January 12, 2012, the Company’s subsidiary which holds the El Pilar project, made the final payment for the change of land use (“CUS”) permit which allows mining to commence. Also, over the past few months, the final water concessions have been obtained, which along with the previously granted mineral concessions, surface rights, and construction permit, allows for the commencement of construction and mining operations at the El Pilar project. Detailed engineering, environmental studies and right of way on the power transmission line and access road have also been advanced. Detailed engineering work continues with major equipment sourcing and construction bid materials being prepared.



An updated feasibility study, which will incorporate shorter lift heights in the project’s base case resulting in improved project economics, is expected to be released before the end of the first quarter 2012.



“As of today, we have all the necessary permits and agreements in place to commence construction and mining at El Pilar,” said Bruce McLeod, Mercator’s President and CEO. “Our immediate focus is to continue to de-risk the project, improve the project’s economics and ensure the project is construction-ready once value-accretive financing is secured.”



Quality Assurance/Quality Control

Mike Broch, BSc, Geology, MSc, Economic Geology, FAusIMM, Mercator's VP Exploration and Evaluations, a Qualified Person as defined by National Instrument 43-101, supervised the preparation of and verified the El Pilar technical information contained in this release.

[Videomart]

Mercator Minerals to grow copper-equivalent production in 2012

The company produced 80.3 million pounds copper equivalent and 7 million pounds of molybdenum in concentrates from its Mineral Park mine in Arizona and is eyeing higher production this year.

Posted: Tuesday , 17 Jan 2012

http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=1…

[Pirat_Micha]

Analysten-Bewertung - 19.01.12

Mercator Minerals "buy"



Vancouver (aktiencheck.de AG) - Orest Wowkodaw, Analyst von Canaccord Genuity, stuft die Aktie von Mercator Minerals (<CA5875821079>/ <CA5875821079> unverändert mit "buy" ein.
Das 12-Monats-Kursziel werde von 3,00 CAD (Kanadischer Dollar) auf 2,85 CAD gesenkt.


(Analyse vom 17.01.2012) (19.01.2012/ac/a/a)
Quelle: Canaccord Genuity

[Pirat_Micha]

..
schon seit Tagen großes interesse und auch heute wieder

__
Datum / Zeit Kurs Volumen
03.02.2012 16:19:52 K 1,8700 1.600
03.02.2012 16:19:52 K 1,8700 2.000
03.02.2012 16:19:52 K 1,8700 1.000
03.02.2012 16:19:52 K 1,8700 400
03.02.2012 16:19:52 K 1,8700 200
03.02.2012 16:19:52 K 1,8700 1.000
03.02.2012 16:19:52 K 1,8700 500
03.02.2012 16:19:52 K 1,8700 2.000
03.02.2012 16:19:52 K 1,8700 600
03.02.2012 16:16:57 K 1,8600 500.000
..
..
.

[Pirat_Micha]

..das gleiche kurz danach wieder

[Pirat_Micha]

Video

Link http://watch.bnn.ca/#clip605555

[Pirat_Micha]

neue Präsentation online

Link http://www.mercatorminerals.com/i/pdf/presentation/Jan-2012-…