Tuesday, March 22, 2011

ML.To Check Out The Technicals Today

March 22- 2011 Buy And Sells Today


House Positions for C:ML from 20110322 to 20110322



HouseBought$ValAveSold$ValAveNet$Net
79 CIBC54,900196,4943.57938,620138,1523.57716,280-58,342
121 Jennings12,50044,6503.572012,500-44,650
2 RBC30,500109,6653.59619,93571,5943.59110,565-38,071
124 Questrade9,70035,1203.62109,700-35,120
99 Jitney14,30051,1473.5776,10021,8303.5798,200-29,317
15 UBS8,10029,0423.58508,100-29,042
9 BMO Nesbitt8,60030,7083.5712,90010,4793.6135,700-20,229
53 Morgan Stanley3,40012,1903.58503,400-12,190
13 Instinet2,3008,2563.5902,300-8,256
85 Scotia8,50030,5993.606,90025,0683.6331,600-5,531
80 National Bank34,250122,5693.57933,200118,7853.5781,050-3,784
81 HSBC4,38015,8433.6174,00014,5603.64380-1,283
19 Desjardins5001,8003.603001,0763.587200-724
132 Acker Finley2047273.5642801,0143.621-76287
90 Barclays6,40022,9763.596,60023,4983.56-200522
33 Canaccord05001,8203.64-5001,820
20 Stonecap06922,4773.579-6922,477
58 Qtrade12,80045,7913.57718,10064,9353.588-5,30019,144
7 TD Sec14,15050,7003.58320,95775,3503.595-6,80724,650
1 Anonymous28,700102,7593.5841,400148,6003.589-12,70045,841
62 Haywood013,00046,2803.56-13,00046,280
39 Merrill Lynch014,90053,2703.575-14,90053,270
89 Raymond James025,80092,2483.576-25,80092,248
TOTAL254,184911,0363.584254,184911,0363.58400

74 GMP899,4003,186,4493.5430899,400$3,186,449

GMP bought 899.400 shares and didn't sell 1 share...spent $3,186,449.00 today...wonder why?

Vladimir F. Iorich accumulating ML-T

March 2011 = $4.31 x 4.18 Million Shares and

February 2011= $4.29 x 2.6 Million shares

Vladimir F. Iorich
Russian self made billionaire. Former commercial director of Kuznets Coal. Became president of Swiss firm Conares Holding in 1995. Currently Chief Executive Officer and member of our Board of Directors of Mechel. From 1995 to December of 2004 Mr. Iorich served as the President of Mechel Trading. From 2001 to 2004, he served as a Director of MMK, a Russian steel producer in which we own 16.9% of the common and 12.2% of the preferred shares. Chairman of the Board of Directors and President of Conares Holding AG. Mr. Iorich beneficially owns 47.8% of Mechel common shares, including through his ownership of 50% of the capital stock of Conares Holding AG, which owns 26.6% of Mechel common shares. Mechel is one of Russia’s leading mining and metals companies, uniting producers of coal, iron ore, nickel steel, rolled products, and hardware. Education: degree in engineering and economics from Kuzbass Polytechnic Institute. Fortune $1.5 billion as of 2005.

Big copper producers shopping for smaller miners - Could ML-T Be Next?

* Top players eye developed assets over exploration

* Copper prices at record levels as supply fears grow

* Predators could also become prey as sector heats up (In U.S. dollars unless noted)

By Bhaswati Mukhopadhyay and Julie Gordon

BANGALORE/TORONTO, Feb 22 (Reuters) - A record run for copper prices, fueled by Chinese industrial demand, has the world's most prolific copper producers shopping for smaller miners capable of boosting their output almost immediately.

Dozens of Canadian-based juniors have the potential to become prime targets. The strongest candidates already have operating mines with healthy growth profiles, and their share prices are undervalued, analysts say.

The drive to acquire is especially urgent because the output at some of the world's top producers is falling. Rio Tinto (RIO.L) sees copper demand doubling in the next 15 to 20 years but the Anglo-Australian mining giant experienced a 16 percent drop in mined production last year.

"We really haven't developed the next generation of new mines in terms of finding large-scale projects," said analyst John Hughes at Desjardins Securities. "Without the next wave of proper supply, junior companies with large resources will continue to be targets for the larger mining companies."

As a consequence, senior producers such as First Quantum (FM.TO) and Freeport-McMoRan (FCX.N), as well as Vale (VALE5.SA), BHP Billiton (BLT.L) and other diversified miners, will line up to buy established production rather than invest in development projects from scratch, analysts say.

"It takes such a long time to find something, then permit it, then build it, then ramp it up," said David Radclyffe, an analyst at BMO Capital Markets. "You're going to miss that leverage to the current price that you can get today."


ML-T has Bottom and should break back thru 4.00...ALL Index Funds MUST buy ML-T

Recent Close Prices and Bid/Ask
DateEx : SymOpenHighLowCloseChgVol#TrBidAsk
2011-03-17T : ML3.653.853.623.820.322,205,37847713.813.86
2011-03-16T : ML3.553.733.383.500.032,791,80154103.503.53
2011-03-15T : ML3.303.503.293.47-0.071,904,12032663.463.47
2011-03-14T : ML3.483.583.413.54-0.031,432,75728073.513.56
2011-03-11T : ML3.353.643.353.570.061,937,98627533.573.58
2011-03-10T : ML3.533.663.263.51-0.194,054,24460863.513.53
2011-03-09T : ML3.873.923.643.70-0.343,233,94546043.663.70
2011-03-08T : ML4.124.193.944.04-0.101,923,47934054.024.04
2011-03-07T : ML4.304.324.114.14-0.14945,69218244.144.18
2011-03-04T : ML4.394.454.284.28-0.111,190,78421664.274.30


Mercator Minerals to be included in S&P/TSX index

2011-03-14 08:24 ET - News Release

Mr. Michael Surratt reports

MERCATOR ANNOUNCES INCLUSION IN S&P/TSX COMPOSITE INDEX

On March 11, 2011, Standard & Poor's Canadian Index Operations announced the addition of Mercator Minerals Ltd. 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 chief executive officer. "Inclusion in the index should encourage broader participation in Mercator's shareholder register, particularly by index funds and similar investment vehicles."

We seek Safe Harbor.


Mercator Minerals Ltd
SymbolC : ML
Shares Issued200,421,809
Close 2011-03-11C$ 3.57

House Positions for C:ML from 20110318 to 20110318
HouseBought$ValAveSold$ValAveNet$Net
7 TD Sec8,186,11729,097,3753.5546,314,57122,563,6243.5731,871,546-6,533,751
85 Scotia1,281,0704,564,5923.563189,100691,2003.6551,091,970-3,873,392
74 GMP899,4003,186,4493.5430899,400-3,186,449
9 BMO Nesbitt351,2711,258,8683.584127,578453,6943.556223,693-805,174
89 Raymond James1,473,1005,647,3373.8341,253,1004,795,9213.827220,000-851,416
14 ITG591,5852,104,0843.557413,5251,463,1353.538178,060-640,949
33 Canaccord88,400323,0433.65414,50054,2403.74173,900-268,803
39 Merrill Lynch161,500593,0693.67295,400364,9103.82566,100-228,159
2 RBC345,2851,252,3583.627292,5531,054,7483.60552,732-197,610
99 Jitney190,100726,7693.823139,400531,5933.81350,700-195,176
62 Haywood35,000125,2503.579035,000-125,250
124 Questrade38,290144,9053.7844,50017,0103.7833,790-127,895
23 State Street32,900116,1373.53032,900-116,137
19 Desjardins32,900124,6823.792,0007,6403.8230,900-117,042
121 Jennings16,90065,7853.893016,900-65,785
81 HSBC13,40050,2973.7541,0003,8803.8812,400-46,417
101 Newedge30,100114,7823.81319,70075,7993.84810,400-38,983
70 Manulife1,0003,8803.8801,000-3,880
58 Qtrade32,704124,8093.81632,000122,7203.835704-2,089
132 Acker Finley1,6686,2573.7511,4165,3383.77252-919
57 Interactive01455393.717-145539
67 Northern01,0003,7703.77-1,0003,770
46 Macquarie03,00011,4603.82-3,00011,460
80 National Bank293,6501,088,3693.706322,3001,234,6873.831-28,650146,318
79 CIBC1,606,0975,855,3693.6461,663,7676,036,3013.628-57,670180,932
90 Barclays15,72757,6113.663160,477614,7573.831-144,750557,146
123 Citigroup0208,098741,2023.562-208,098741,202
15 UBS66,000248,3853.763324,4001,158,7473.572-258,400910,362
65 Goldman10,90041,2173.781433,2001,543,7103.564-422,3001,502,493
1 Anonymous1,369,3005,043,0193.6831,883,5006,788,2733.604-514,2001,745,254
72 Credit Suisse160,565600,0243.737948,2963,365,0643.549-787,7312,765,040
53 Morgan Stanley51,004184,1643.6111,086,3603,937,6063.625-1,035,3563,753,442
13 Instinet20,99274,1143.5311,462,0395,181,4323.544-1,441,0475,107,318
TOTAL17,396,92562,823,0003.61117,396,92562,823,0003.61100




Mercator expects 40% higher Cu, Mo production in 2011

2011-03-08 09:04 ET - News Release

Mr. Michael Surratt reports

MERCATOR ANNOUNCES 2011 PRODUCTION GUIDANCE, PHASE II UPDATE

Production of copper and molybdenum for 2011 is projected to be approximately 40 per cent higher than 2010 at Mercator Minerals Ltd.'s wholly owned Mineral Park mine in Arizona. Copper production for 2011 is projected to be approximately 45.0 million pounds, as compared with 32 million pounds in 2010 and molybdenum production is projected to be approximately 6.0 million pounds, as compared with 4.3 million pounds in 2010.

2011 projected production by quarter

First quarter

  • 8.8 million pounds of copper;
  • 900,000 pounds molybdenum.

Second quarter

  • 9.5 million pounds of copper;
  • 1.0 million pounds of molybdenum.

Third quarter

  • 14.1 million pounds of copper;
  • 1.8 million pounds of molybdenum.

Fourth quarter

  • 12.5 million pounds of copper;
  • 2.3 million pounds of molybdenum.

Copper production represents both copper in concentrate and copper cathode. The significant increases in the third and fourth 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 per cent 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 and chief executive officer.

Gary Simmerman, BSc, Mercator's vice-president of engineering, a qualified person as defined by NI 43-101, supervised the preparation of and verified the Mercator technical information contained in this release.

We seek Safe Harbor.

Insider Vladimir Iorich (March 2 2011)

Buying at $4.31 x 4.18Million Shares

Mercator Minerals Ltd. (ML)

As of March 17th, 2011
Filing DateTransaction DateInsider NameOwnership TypeSecuritiesNature of transaction# or value acquired or disposed ofUnit Price
Mar 03/11Mar 02/11Iorich, VladimirIndirect OwnershipCommon Shares10 - Acquisition in the public $4.318 market4,188,700$4.318
Feb 24/11Feb 22/11Broch, Michael J.Direct OwnershipCommon Shares51 - Exercise of options50,968
Feb 24/11Feb 22/11Broch, Michael J.Direct OwnershipCommon Shares51 - Exercise of options57,439
Feb 24/11Feb 22/11Broch, Michael J.Direct OwnershipOptions51 - Exercise of options-100,000$2.270
Feb 24/11Feb 22/11Broch, Michael J.Direct OwnershipOptions51 - Exercise of options-200,000$3.300
Feb 24/11Feb 22/11Iorich, VladimirIndirect OwnershipCommon Shares10 - Acquisition in the public $4.290 market2,650,000$4.290
Feb 20/11Feb 15/11Quin, Stephen P.Direct OwnershipCommon Shares10 - Disposition in the public market-10,000$4.724
Feb 18/11Feb 16/11Vankoughnett, Ronald EarlDirect OwnershipCommon Shares10 - Disposition in the public market-7,600$4.750
Feb 18/11Feb 16/11Vankoughnett, Ronald EarlDirect OwnershipCommon Shares10 - Disposition in the public market-42,400$4.760
Feb 18/11Feb 16/11Vankoughnett, Ronald EarlDirect OwnershipCommon Shares51 - Exercise of options50,000$2.090



Fundamental Data - MERCATOR MINERALS LTD.
Security TypeEquity
Shares Issued200,421,809
Market Cap $765,611,000
Year High4.90
Year Low1.27
Annual Earnings/Share-0.0005 CAD
P/E Ratio-7640.00
Annual Dividend/Sharen/a
Annual Dividend Yield0.00 %
Ex-Dividend Date
Sector15104020 - Diversified Metals & Mining

Short History
SymbolReport DateVolumeChange% of Float
ML - T2011-03-156,842,211-458,8713.41
ML - T2011-02-287,301,082-34,4333.66
ML - T2011-02-157,335,515-238,5143.68


Targeted Security Holder List
Holder NameShares Held% of O/SReport DateChange
NORTHWEST SPECIALTY EQUITY FUND 1,245,850 0.63 % 20100930 488,575
SEI CANADIAN EQUITY FUND 1,210,601 0.61 % 20100630 137,741
BMO SPECIAL EQUITY FUND 1,178,500 0.59 % 20100930 246,400
STANDARD LIFE CANADIAN SMALL CAP FUND 1,128,700 0.57 % 20100630 new


Mercator Takeover Requires Shareholder Approval

* Says plan not in response to takeover offer

* Plan subject to shareholder approval

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.

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