Melkior Resources Inc MKRIF

Primary Symbol: V.MKR

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 > This Stock is so Undervalued

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Comment by Wantonfueyon Oct 09, 2020 3:42pm

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Post# 31697000

RE:RE:This Stock is so Undervalued

CAn someone assist with a valuation here? What is the deal with KL worth to Mk? What are comparable market caps for Juniors with similar other properties? An operational shell can value at $5M w/o any value in the properties beyond exploration potential. Seems odd that Mk is under $20M...with scrap heaps like Portofino and Golden Goliath trading for as much or more?? Is there some skeleton in Mk's closet?
The CEO isn't impressive but at least he's not some old bearded guy. Messaging failure? or possibly the low share count creates the impression of an expensive stock to the ducks?

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