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Mako Mining Corp V.MKO

Alternate Symbol(s):  MAKOF

Mako Mining Corp. is a Canada-based gold mining, development and exploration company. The Company holds 100% of four mineral concessions in Nueva Segovia, Nicaragua for a total land package of approximately 18,817 hectares. The San Albino gold deposit, located within the San Albino-Murra Property mine is in Nueva Segovia, Nicaragua. Its San Albino gold project is an open pit development project located in Nueva Segovia, Nicaragua, approximately 173 kilometers north of Managua and accessible through a paved highway. Its Las Conchitas area is located approximately 2.5 kilometers south of its high-grade San Albino Gold Deposit and is situated near the southern end of the Corona de Oro Gold Belt. Its subsidiaries include Gold Belt, S.A., Marlin Gold Mining Ltd., Marlin Gold Trading Inc., Nicoz Resources, S.A. and Oro Gold de Mexico, S.A. de C.V.


TSXV:MKO - Post by User

Bullboard Posts
Comment by sweatmanon Aug 10, 2012 3:39pm
45 Views
Post# 20205428

RE: Stock/p after 25 news releases -.63 cent loss

RE: Stock/p after 25 news releases -.63 cent loss

There you are then. The perfect argument for putting out too much news. Especially with a company like this. As you know it is *expected* that when GRR trenches, they produce good numbers. It is now *expected* that when they drill holes, the assays will be anywhere from solid to spectacular. So now the next phase of the story *must* be what all of this trenching and drilling adds up to: a technical document.


And here is what I would do if it were me running the show.  *If* the technical document knocks it out of the park...I would move out of the southern block entirely and move to the north or central block and do it all over again. Work one of the two blocks and trench for six to nine months and put out hopefully the same kind of numbers....so once again, the good numbers become *expected*. Then move on to another short drill program and hope those numbers are once again solid to spectacular. And then later in 2013, target permitting....announce another definition drill program with the intent of yet another technical document.


Boring? Perhaps. But that is how you build mines. Now of course the fast-food, pump and dumpers are aghast at responsible exploration, but who cares about them anway.  

Bullboard Posts