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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 6:27pm
260 Views
Post# 18701523

RE: RE: RE: RE: RE: RE: for a company that has don

RE: RE: RE: RE: RE: RE: for a company that has donJust in from the press,

If today's close at 16.5 cents at an above average selling vollume over the past 90 days is any indication of the markets disposition towards the companies explorational returns still pending at this point in time, then concerns over what's coming down the pipe could be construed as being the cause.


Looks like we found the possible reason why management is not buying much stock while we wait for more results.


T.O.
Bullboard Posts