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Microcap Report: Makena Resources (V.MKN) rockets in the markets as takeout rumors abound

Stockhouse Editorial
1 Comment| January 28, 2015

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Makena Resources Inc. (TSX: V.MKN, Stock Forum) rose in the markets today as rumors resurfaced regarding takeouts in the prolific Athabasca basin as massive resource figures continue to be released at Fission's PLS property directly adjacent to Makena's land package.

Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Raise Production Inc. (V.RPC, Stock Forum) 31.31%
Makena Resources Inc. (V.MKN, Stock Forum) 28.57%
Snipp Interactive Inc. (V.SPN, Stock Forum) 15.38%
Chaparral Gold Corp. (T.CHL, Stock Forum) 11.11%
Horizons BetaPro S&P\/TSX Capped Energy Bear Plus ETF (T.HED, Stock Forum) 9.07%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Brilliant Resources Inc. (V.BLT, Stock Forum) -22.50%
KWG Resources Inc. (V.KWG, Stock Forum) -20.00%
Pinetree Capital Ltd. (T.PNP, Stock Forum) -20.00%
Gear Energy Ltd. (T.GXE, Stock Forum) -15.12%
Legacy Oil + Gas Inc. (T.LEG, Stock Forum) -14.53%



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Comments

Makena has optioned the properties from CanAlaska Uranium which is probably the best way to participate in this area play. CanAlaska has one of the largest landholdings in the Athabasca Basin and partnerships with some of the world's leading mining companies. www.canalaska.com
(0)
January 29, 2015

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