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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
Post by TedOwenson Oct 18, 2016 7:15pm
215 Views
Post# 25358301

Melkior accounces two years extension of warrants...

Melkior accounces two years extension of warrants...The latest Oct 18, 2016 press release which contains the caption" 

"Melkior has significantly advanced its exploration projects during the past year thanks to the investors in 2014 and is of the opinion that an extension of these warrants is justified" 

is intriscially false and misleading when taking into consideration the regressive results which have been gleaned from the Carscallen Project over the past 24 to 36 months.....

Justifiction to extend warrants in this manner when the "intrinsic value" of the project has declined, is without merit.....
Bullboard Posts