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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
Post by TedOwenson Mar 27, 2013 11:41pm
233 Views
Post# 21178463

MKR sinks to 6 cents with lower target

MKR sinks to 6 cents with lower target

A new low has been reached for MKR which now sits at 6 cents with a projected target of between 3 and 5. Not sure what to make it this but unless a miracle hole comes out of the issue and soon, this play will be relegated to a category with many of the others who will fall into the washout list and may be lucky to survive the year. Time for management to throw the hail mary pass in the hopes of pulling a rabbit out of the hat and soon.

 

Kudos to both management and the technical team who led us down this path.

Bullboard Posts