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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 28, 2012 4:59pm
185 Views
Post# 20271266

RE: Would love to see some other information....

RE: Would love to see some other information....

Nope. I would bet that Frankie knows much about GRR as a company. I do think he has a formula for gauging all penny deals and he has simply slapped that one-size-fits-all template on all the companies he is interested in. And that's fine if you are playing the game of averages. At the end of the year, he adds up the numbers and ekes out a profit.  Problem is with any kind of template, sooner or later it fails.

Reminds me of an old Canaccord broker who worked under the assumption that he would short everything in sight. He actually had some crude computer generated program that told him exactly when to short. Bumped into him the other day....still in good health, although he did have some issues thanks to smoking. But he does not live in West Vancouver, does not drive a cool car, does not have a trophy and a mistress, does not have a hidey-hole up at Pender, does not have a chalet at Whistler...and I cannot identify the make of his suit, or could not ignore the (old) coffee stains on his tie.  He made a serious of pennies and then got clobbered when a couple of his shorts went to the moon.

Nope, Francisco the Petulant has nothing he can hang his hat on that I know of...other than the constant round and round about when will drilling cease and the tech report be started.  And I have undoubtedly played my part by going round and round with my claim that the drill program is *probably* as done as last night's dinner and we now get to wait for the report.

Again...using a one-size template, Frankie the Man of Men...can be forgiven, as most of these Vancouver deals would lay us out with a news stream and would most certainly make a big deal about the driling program being over and how it was now on to the engineering company...and in the process, the generic company would spew and re-spew the same ofl stuff we had already read.  Not saying that is a bad idea, but GRR has a track record of throwing out news when it suits them. Thus, I am saying that it appears that in the mind of the company they have already covered this news when they told us they were going to definition drill and then once they had the numbers they would pass them along to P&E.

As to 'hurry up and wait'...most of us have our positions, know the drill and are quietly and comfortably waiting for the techincal report.  I would like to see it happen sooner than later...but that is only because of the gremlins in my mind reacting to reading about other companies that have put out equally stellar numbers as what GRR has put out...but in the end, their cut-off grades sucked and after much pump the share prices are cratering. 


So I will go back to what I posted eons ago...but will add one more comment: "I am hoping for 500,00 ounces of gold. Now I want to see 500,00 (or more) ounces of high-grade gold with a cut-off grade of a gram or better. Reason: The Calibre's of this world are toast. It is all about grade over width and not width over grade.  

Bullboard Posts