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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
Comment by caffeeon Apr 11, 2007 12:07am
753 Views
Post# 12583184

RE: Sell in May & .......

RE: Sell in May & .......Having a plan to sell at some point is pretty good idea. When to sell depends on what sort of investor you are. Sell in May is historically a seasonal beginning for softer equity markets in general. Your investments are best decided by their own charactaristics and their own specific longer term trend lines. MKR has interesting gold values and base metals also, so you could follow several of the commodity indexes and gold for trend line strength going into the end of May. All commodities will have a softer period, including gold, but seems IMHO these things are just breaking out from consolidation periods. That does not mean that by June they won't be ready for rest. It depends also on type of investor you are. If you sell all your position in May based on "seasonality factors" alone, that might put you out of the share prices and not necesarily guarrantee a lower buyback. When the trend is exhausted ( intermediate trend ) there will be topping patterns and activity that suggest that. good luck in your investing
Bullboard Posts

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