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Bullboard - Stock Discussion Forum Melkior Resources Inc MKRIF


Primary Symbol: V.MKR

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... see more

TSXV:MKR - Post Discussion

Melkior Resources Inc > This Stock is so Undervalued
View:
Post by siegfried13 on Oct 09, 2020 11:41am

This Stock is so Undervalued

Gold is rockin today.....up $30+.....Osisko up, KL up.....no buyers for MKR after a colossal joint venture at Timmins? No interest?

Not logical.

Market cap should be more than double what it is based on their properties/history.
Comment by TheIceMan3 on Oct 09, 2020 3:20pm
No one knows who they are is my guess, as they do very little in the way of promotion and they take forever to accomplish anything.  The share price is a joke and is it really that hard to announce a drill program?
Comment by Wantonfuey on Oct 09, 2020 3:42pm
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??  ...more