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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

Comment by CaptainCrunchyon Mar 15, 2021 5:12am
98 Views
Post# 32796657

RE:RE:RE:RE:RE:Nothing Makes Sense

RE:RE:RE:RE:RE:Nothing Makes Sense
I agree on so many of all your points. A junior exploration company making these agreements with the big boys, this is the dream of them all. They may have finally after ages for ro bringing value to the company. Would KL keep drilling if they did not see value in their initial work? This property staked may actually turn into a literal gold mine. (If the results are that good, I would not be surprised if they requested a trade halt before release, use those market makers and market it, make deals we are on sidelines for.) Fears- The outrageous wait and depleting price with no volume, even with good results, there could be alot of selling pressure from shareholders that have waited to yank their funds at the first opportunity. Could really kill a good run, even if good news. The news will need to be mind blowing at this point. If not ideal results, the number of sellers with this float would cause some pretty painful havoc for shareholders, off a cliff after wait. All signs point to good outcome for those that have held strong, but the magic 8 ball is saying..."signs point to, and inks out broken" Fortune cookie--- "Fortune unclear, breath held turns blue" (in bed) Nothing drives me nuts like a stock with fantastic potential outcomes and results to only holding my breath and crossing my fingers. Good luck all!
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