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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. Its projects include Carscallen, White Lake, Maseres Genex, Val d'Or, Launay and Urban. It holds 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 is comprised of over 328 contiguous claim units (12,966 acres), 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, which includes 70 claims, six patents and one partial lease totaling 1,616 hectares. The Val-d’Or Property is located over 35 kilometers east of Val d’Or and is comprised of 120 claims covering approximately 6,333.04 hectares.


TSXV:MKR - Post by User

Bullboard Posts
Comment by CatchinTheKnifeon Jan 27, 2010 4:06pm
297 Views
Post# 16725365

RE: Denton7 Spellcheck required

RE: Denton7 Spellcheck requiredI am not argueing whether or not Denton is a pumper, but this stock is not trading where it is as a result of any pumping.  Their property is in the heart of West Timmins and many people with knowledge of the area expect that there is a "motherload" located somewhere, and viens running throughout.  The potential of what they could hold is what keeps this company in the 30 cent range.  Lake Shore has several properties in the area and a multi million ounce gold reserve in those properties.  Hochschild Mining owns 40% of Lake Shore and has a stand still agreement until November.  In November Hochschild will likely buy at least another 11% to gain control of Lake Shore.  As this all plays out I expect that either Lake Shore before November, or Hochschild after November will be purchasing smaller companies like Melkior (or their propertys). 
Bullboard Posts