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Melkior Resources Inc V.MKR

Alternate Symbol(s):  MKRIF

Melkior Resources Inc. is an exploration stage resource company. The Company’s operations include the acquisition and exploration of mineral properties in Canada. The Company’s projects include Carscallen, White Lake, Maseres Genex, Val d'Or, Launay and Genex. It holds a 100% interest in the Carscallen property, west of Timmins, Ontario. The Carscallen Project is located approximately 25 kilometers west of the city of Timmins, Ontario. Its White Lake Project consists of over 333 combined Single Cell Mining Claims and Boundary Cell Mining Claims with each Single Cell Mining Claim being approximately 20 hectares, located 15 kilometers northeast of the Hemlo Gold Mine operated by Barrick Gold Corporation. The White Lake Property is situated in the north-eastern portion of the Hemlo Greenstone belt. Its Genex Project is located 20 kilometers west of Timmins. The Company owns a 100% interest in the three mineral claims in Tiblemont Township, Quebec.


TSXV:MKR - Post by User

Bullboard Posts
Post by caffeeon Apr 09, 2007 11:07pm
532 Views
Post# 12575069

just an opinion ...............atumanski

just an opinion ...............atumanskiNorthern was seller near end of the day. Typically of most juniors, if you take a big position, it is not always liquid enough to get out at a single price, unless you can arange a cross. Or sometimes, an in house pro might just be drinking too much coffee and have an itchy trigger finger watching gold weaken on the day and fear that the pm rally is ending. Many juniors weakened in the afternoon. The selling into the bids will have no affect and if gold runs for $700 and base metals and uranium keep their bullish moves going.... I see that the current bid is a few cents higher than the close and ask is at this hour..... .60. This .58 to .60 cent area might be a consolidation area before another upleg. That is what it appears to me. I picked up additional MKR shares today.
Bullboard Posts

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