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 > Results Long Wait

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Comment by CaptainCrunchyon Mar 09, 2021 10:13am

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Post# 32751721

RE:RE:RE:RE:Results Long Wait

I agree in many respects to that. If the property is good enough for KL to come in that hard. If they had a tight ship, KL would have had to buy in at 1.5+. The terms outside the price i think are just fine, alot of the money is on KL to develop, but they got in for a some. I think the market makers they hired were to get volume up to drive price down for KL to buy up their 20% limit for nothing from retail, and be able to just make a deal eith more leverage with on the deluces later to take it all. Assuming the property really is to their liking.

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Visionstate set to leverage success in the U.S. market