Mercator Minerals Edges Lower as Credit Suisse Analyzes Creston Moly Agreement

Credit Suisse has kept a Neutral rating and $4.25 target price on Mercator Minerals Limited (ML.TO) after announcing on April 12 that it has entered into a friendly business combination agreement with Creston Moly Corp. (CMS.V), whereby ML will acquire each CMS share in exchange for 0.15 ML common shares, plus $0.08 in cash. At the time of the announcement, the transaction valued CMS at approximately C$195 million.

Coeur D’Alene Mines Stock Falls On Unusually High Volume (CDE)

NEW YORK (TheStreet) — Coeur D’Alene Mines Corporation (NYSE:CDE) is trading at unusually high volume Thursday with 14 million shares changing hands. It is currently at four times its average daily volume and trading down $2.35 (-7%) at $31.41 as of 3:06 p.m. ET.

Cerro Resources NL Stock (CVE:CJO) Rises in Volume After Mexican Project News

The stock of Cerro Resources NL (CVE:CJO, CJO message board), which enjoys a rather humble interest by investors on the Canadian Market, became finally in greater demand during the last sessions. By far, the peak in the recent trading activity was yesterday, when the turnover was seven times the average. The volume surge was perhaps driven by the announced yesterday estimates of resources and reserves contained on one of the company’s Mexican projects.

Capstone Reports Change to its Board

VANCOUVER, April 14, 2011 /PRNewswire-FirstCall/ — Capstone Mining Corp. (TSX: CS) announced that D. Bruce McLeod has tendered his resignation as a Director of the Company.

El Tigre Silver poised to show continuing results

(AXcess News) Houston – El Tigre Silver Corp. (TSX.V: ELS; OTC: EGRTF) reported strong results Wednesday on its drill report at its Sonora Mexico silver mine while investors await the next release of drill reports due out shortly. The mine, which was originally explored by Anaconda Mining (TSX: ANX-RT) in 1980, is being prepared for further exploration.

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