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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 TedOwenson Jun 10, 2011 5:48pm
195 Views
Post# 18701416

RE: RE: RE: RE: RE: for a company that has done "s

RE: RE: RE: RE: RE: for a company that has done "sTed, What do you mean at the institutional level?

moneyfirst,

What is meant by institutional levels of support stems from the brokerages who Jens stated in a radio show last year, offered a whack of financial support to MKR back in late 2010. While these financing sources are not inherantly institutional by primary financing contribution, they still represent a new share offering subscription base which was offered to retail investors subsequently used to fund Melkior. .

If significant results are not to be had by summers end, future support from these same institutional catagory financial sources which were previously in the position of providing cash for Melkior from thier underlying retial investors attached to new offerings, may be hard pressed to duplicate.

As for the threat to you from a specific poster telling your to "watch your mouth", i would say that it came from someone close to management and would reflect their own guilty consciousness.

If Jens is indeed making a quarter million a year, maybe he should explain how  the recent exploraiton results and stock price trend supports it.

T.O.
Bullboard Posts