We would love to hear your thoughts about our site and services, please take our survey here.
I also like (Fresnillo)Silver & Gold miner. $250 million in the bank & no dept is part of my portfoilio. DYOR.I am not a professional investor just a small private one.
ACS Asia: turnover for six months to 31 March 2010 up by 70% or £1.3 million to £3.16 million and gross margin increased to 28% from 24% in comparison with six months to 31 March 2009.IMO Very positive Company RNS. IMO other companys would not become partners with MCR unless doing their own research.This company is building & they have toooo speculate to accumulate and build on the assets-investments they have & the returns will come.
phytochrome Thanks for that link very interesting.http://www.oilbarrel.com/nc/news/display_news/article/poweralternativesmercator-gold-hopes-to-use-solar-energy-to-power-mining-and-processing-work-at-its/771.html http://www.minesite.com/
Today Shares slump on European bank fears http://news.bbc.co.uk/1/hi/business/10444577.stm DYOR. Dont listen to de rampers,rampers follow your own instincts.
TBG1 Go back to your own board on FML..Same old chat nothing new de ramping. Not going to even waste my time with you. FML has a good asset but it is in a former soviet Central Asian Republic.Has almost 100000000 shares in issue & when the merger is completed 1500000000 now that is a company with huge dilution.TGB1 has no investment in here.
Messrs Harford and Silver announced that the project is being sold to a Canadian-listed company called THEMAC Resources which has undertaken to exercise Mercator’s option and take the project through to production. Mercator is being paid in THEMAC shares and warrants, the shares alone giving it a holding of around 30 per cent in THEMAC. Mercator will also be repaid all money spent on Copper Flat to date. Thus the financial burden of a feasibility study and construction has been shed, yet Mercator retains exposure to a project with plenty of potential. It is a shrewd deal and the background gives an insight into why FRIENDS are so important in mining. Back in 1984 Messrs Harford and Silver were backed with seed corn money in a company called Colosseum Mining by Elders Resources Finance, the boss of which was Kevin Maloney. Kevin is now not only a director of THEMAC, but represents its biggest shareholder Marley Holdings Pty. For its part, THEMAC is a spin-off from The MAC Services Group which is making a bomb out of being Australia’s largest mining accommodation and services operation and has just been selected as preferred operator to build, own, and run a new village at Karratha which could consist of up to 1,200 rooms.
I would like a BMW convertible KWB1. well I can dream.lol.Copper flats New Mexico USA is coming together involving 3 of MCR assets.
ManFromthePru None taken :-) I am not a professional investor & only invested in a small way in MCR. what i put on here is what anybody could find out with doing a bit of research but a lot of people are working etc and don't IMO have time.So i put it on here.I have been in and out of this company since it had just the one asset the mine on OZ. Which IMO maybe back in production soon as it;s a turn key.2000000 oz gold & that could be expanded.That is not going to be left in the ground for much longer at the Gold price it is today.The Great North Highway has been rerouted at the Australian,s expense.By ring fencing the project & putting it in administration.So that the oz government had to sort the road out & then once this was done bring it out of admin under a new company of which MCR will have a nice stake in and it's going to be listed on TSX. And this is a company that a certain person on here is trying to De ramp as bad management. IMO it's good management.Only IMO DYOR etc,etc.
Mercator will receive 10.5 million fully paid shares in THEMAC and 10.5 five-year warrants exercisable at C$0.28 per share. THEMAC will also fund all expenditure by Mercator or NMCC over the Copper Flat project from the date of the agreement until the completion of the transaction and place 5.5 million shares at C$0.15 per share with attached one-year warrants exercisable at C$0.28 per share. A second placing of shares to raise C$5 million with one year warrants at a price sufficient to raise C$10 million will be undertaken prior to the completion of the transaction.Mercator will receive 10.5 million fully paid shares in THEMAC and 10.5 five-year warrants exercisable at C$0.28 per share. THEMAC will also fund all expenditure by Mercator or NMCC over the Copper Flat project from the date of the agreement until the completion of the transaction and place 5.5 million shares at C$0.15 per share with attached one-year warrants exercisable at C$0.28 per share. A second placing of shares to raise C$5 million with one year warrants at a price sufficient to raise C$10 million will be undertaken prior to the completion of the transaction. Now MCR two other subsidiary's IMO. ACS Asia and Warm Springs Renewable Energy Corporation with their new partner Remote Energy Solutions,have been brought into the Copper Flat New Mexico USA project “The Copper Flat project is an exceptionally promising asset and vending NMCC and its exclusive option over the project into a dedicated North American listed company with highly capable and experienced management will ensure that the project becomes well placed to obtain the funding required for the timely recommencement of production,” said managing Director of Mercator Gold Patrick Harford. Mercator noted that it is no longer responsible for the purchase and development costs of Copper Flat, while retaining substantial interest in the project. The company said its interest in THEMAC could generate “extraordinary” returns and this was before the solar power plant project was announced .This company directors IMO know's what they are doing. DYOR & DON'T listen to rampers or de rampers follow your own instincts .I am also excited about MCR two gold projects. 1 in Australia 2 million oz and the 2nd in Indonesia both IMO DYOR going to be listed.1st Australian mine on TSX 2nd on the ASX.DYOR.
the_shareminator For ACS information & DYOR http://www.mercatorgold.com/index.php?option=com_content&view=category&layout=blog&id=54&Itemid=76 MCR. ACS Asia, an Asia Pacific Focused Metal Products Business http://www.acscablesupports.com/
MCR. ACS Asia, an Asia Pacific Focused Metal Products Business http://www.acscablesupports.com/
Gillard, 48, immediately offered to end a bitter dispute over a controversial "super profits" mining tax, which is threatening $20 billion worth of investment and has unnerved voters, saying she would throw open the door to fresh negotiations
Australia will have a general election in October.
Rudd stands down and Australia & oz has there first woman prime minister born in wales and moved to oz at the age of 5
RUDD stands down just innnn from sky. 1ST woman prime minister was born in Wales and moved to OZ when she was 4
the_shareminator I am in for as long as it takes.I don't have a lot in here but I am positive about MCR. I have been in and out of this company over a few years and when the only asset was the Meekatharra gold mine.The great North road has now been diverted & IMO be brought back into production ASAP & listed on TSX as Meekatharra Gold Corporation of which MCR will have a stake.This mine has 2 million oz & 100 million of infrastructure etc (Key turn project) As I said IMO they could build a solar power plant there too and at their gold project in Indonesia which would then bring more contracts to MCR. ACS Asia, an Asia Pacific Focused Metal Products Business & with what is happening to the Australian government tonight.The Australians will be looking after their mining .I am not a professional investor.I love mining companys gold and silver etc. The way MCR has brought partners and it's own assets and company into one project in New Mexico is really coolio & taking shape IMO.DYOR.I am going to just watch from the side lines on this board now for a few days or more.
MrFloyd speaks wise words on investing. I have said about Australia's Prime Minister Rudd & the mining tax it's going to be watered down or it wont even happen.Now rudd may not be Prime minister by 9am Australian time.There is a general Election in Australia by April 2011 and the Labour party is losing voters.MCR has it's Meekatharra Gold Corporation project and investment with it's Meekatharra gold mine & it's 2 million oz . DYOR.
http://www.news.com.au/features/federal-election/kevin-rudds-last-stand-as-julia-gillard-forces-his-hand-on-leadership/story-e6frfllr-1225883463895 Kevin Rudd's last stand as Julia Gillard forces his hand on leadership
NEWS JUST IN "Australian Prime Minister Kevin Rudd is facing a leadership challenge because of labour losing voters over the proposed tax law on miners. BHP and Rio etc up on news. This news has just come on Bloomberg.This Tax will not come into law IMO or it will be watered down Election before April next year
I am down but as I have said I only have a small investment in here. But I do like the way the company has been brought through 2008-2009 and built it up. So you think I have lost lots of money do you.I Don't put all my eggs in one basket.