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 skott4Goldon Jun 28, 2018 1:39pm

88 Views

Post# 28246020

RE:RE:bigger than GGI way bigger than NVO

noradio wrote: Almost 200 million shares out.

YOu think it is positive that they have almost 200 million shares outstanding? For newbies out there.This is not a good thing. You want few shares outstanding not more. Increasing the number of shares outstanding is called dilution. Dilute means to water down, weaken, lessen. Look at it this way, if someone buys your company for $200 million, would you rather they have 200 million shares out or 50 million (like Irving Resources)? one gives you $1 a share the other gives you $4 per share.

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