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Mako Mining Corp V.MKO

Alternate Symbol(s):  MAKOF

Mako Mining Corp. is a gold mining, development, and exploration company. The Company operates the high-grade San Albino gold mine in Nueva Segovia, Nicaragua. It also owns the Eagle Mountain Gold Project in Guyana, South America. The Company’s primary asset is San Albino mine, an open pit mine located in 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. The Eagle Mountain Project comprises two gold deposits, Eagle Mountain and Salbora, in addition to several other exploration targets. Its subsidiaries include Gold Belt, S.A., Nicoz Resources, S.A., and Mako US Corp.


TSXV:MKO - Post by User

Bullboard Posts
Post by buyholdsell002on Mar 25, 2019 5:06pm
177 Views
Post# 29533627

Living up to promises

Living up to promisesIf the past can be an indicator of the future....1 thing that can be counted on is that MKO will not live up to their 'plans' or info they convey to lowlife retail share holders. The story will morph and change as they deem fit regardless of what was previously 'planned'. Transparency does not seem to be one of their strong points either. The board is now skewed in favour of Wexford when it was initially equally balanced (at least appeared to be). What seems to have happened with GRR was a strong arm silent coup. Was Kevin bullied and run out of town by these P O S's? or was he a willing participant in facilitating a 'merger' with MLN and he is no longer needed? During the first hurricane they were back mining in a very timely manner. The second hurricane all of a sudden its like a new f'in situation that got dragged out. Recovery rates for La Trinidad were supposed to be 80%+but they actually got closer to 60%. Commonwealth was a dud of an acquisition where all the silver was not amenable to even be extracted, the deposit was essential worthless and no real intention of developing it was there. $$ from Trinidad was to help develop San Albino....lets see how much $$ actually does. Shareholders, get ready for more dilution until there are a half billion shares outstanding and a 5 or 10 for 1 rollback (its inevitable) happens...and then it will happen all over again. MKO are counting their chickens before they hatch, getting to far ahead of themselves with their plans only to fail like Marlin did. If you are into losing money, this is the right investment for you. 100% Guarantee is investors are being over promised and played as suckers.
Bullboard Posts