Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by james2001on Feb 18, 2021 4:43pm
161 Views
Post# 32602349

Liquidity

LiquidityThis stock has a real liquidity problem at this point in time.I would venture to guess that the actual float of this company is maybe 15 to 20% of outstanding shares which is a problem for attracting new buyers of shares from the market because vey few want to get involved in shares with limited liquidity.This enables them to do exactly what they are doing right now with the market.Im starting to think that theses shares will not greatly increase in value until they produce the drilling results which point to 1000 tons per day as well as regional drilling with success to get the next level of investor.This may trigger the turnover in shares needed going forward.The other way to get liquidity going forward may be through a merger of some kind to try to turn this into a mid tier at some point.Which ever route they decide to go the powers will make huge returns on their capital and many here have a very low cost on a per share basis.This will enable many of us to stay in for the longer run.
<< Previous
Bullboard Posts
Next >>