MERCATOR MINERALS (MLKKF US $3.80, Rating raised to Neutral from Underweight; price target raised to $3.50 from $3.00) HEDGE LOSS RECOGNITION UNDERSTATED WITH BACKWARDATION; PRODUCTION ESTIMATES UPDATED TO INCLUDE El PILAR PROJECT IN FINANCIAL MODELS 4/7/2011
MERCATOR MINERALS (MLKKF US $3.80, Rating raised to Neutral from
Underweight; price target raised to $3.50 from $3.00) HEDGE LOSS RECOGNITION
UNDERSTATED WITH BACKWARDATION; PRODUCTION ESTIMATES
UPDATED TO INCLUDE El PILAR PROJECT IN FINANCIAL MODELS 4/7/2011