Bullboard - Stock Discussion Forum Melkior Resources Inc V.MKR

Alternate Symbol(s): MKRIF

Metals & Mining Gold

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

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TSXV:MKR - Post Discussion

Melkior Resources Inc > Not surprising!

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Post by bigdog37 on Sep 29, 2020 1:11pm

Not surprising!

Last at $1.04. Too much time gone by and people are not impressed with the deal and don't want to wait another 5-10 years for a return.
The timeline is too drawn out. I wouldn't be surprised to see It close under $1.00.
OR Maybe weak hands sell out and it moves higher with minimal stock for sale.

I'm really on the fence. If your old and tired like me it might be time to move on. If you have time in your side ride it out!

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Comment by VENMan on Sep 29, 2020 1:23pm

KL could spend $3 m drilling and back out if little gold is there. If big amounts of gold turn out to be there KL picked 75 % for over $100 M in exploration with MKR getting 25%. I don't know? Good stock to trade I think. All IMO!

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Melkior Resources Inc