Melkior Resources Inc V.MKR

Alternate Symbol(s): MKRIF

Metals & Mining Industrial Metals & Minerals

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.

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Melkior Resources Inc

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Comment by oilandgaswellson Oct 09, 2009 9:08am

408 Views

Post# 16376460

RE: RE: Try This

One of the BIGGEST shareholders of this Company is SPROTT...I believe they hold about 17% of all the outstanding shares. They know what is going on. Penny chasing retail investors are not going to move this SP over the long haul. What will move it is continued drilling, DEEP DRILLING @ Carscallen. If they hit anything close to what their neighbours have, new institutional money will start to flow into it thus moving SP up. The retail investors will also swoop in and create additional demand for shares. DRILL DEEP (900 metres), DRILL NOW please Jens.

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