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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 Sep 28, 2012 3:06pm
87 Views
Post# 20425742

RE: latest on the gaps

RE: latest on the gaps

They lyrics of Helter Skelter come to mind....nice orderly market today. I notice some suspect bids disappearing and/or moving down.

More importantly. I was out bending the ear of someone who is an expert on the 'modeling' process when it comes to tech documents. From what I am hearing once the work gets to that phase...we can easily expect to wait another month for the actual draft. And seeing as this is the virgin tech document everyone involved in the process takes their time making sure they have it right.  So, as it stands no one out here knows where the company is at.....are they at the modeling stage, or approaching it...or maybe past it already.  No one knows. That is why I am sticking to November.  In the meantime, the share price is fragile and I see no reason for it to hold at these levels. Just common sense. Reason: thus far the trenching news has been extremely positive. That news is not being entertained as EVERYONE is looking for the tech number.   I am keen on what that number will be, like everyone else. But I am way more concerned about the grade. A million ounces of 1 gram of gold will NOT be well received. Heck, I have a company now with just over 1 million ounces of 0.95 grams of gold and they are sitting at a dime. Grade and yes...some size of course. 

And the rumor that there is a draft copy out now is heresy.

Bullboard Posts