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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

Post by james2001on Apr 14, 2021 1:37am
330 Views
Post# 32990859

Placing shares into stronger and friendly hands

Placing shares into stronger and friendly handsYes, we all believe  that the share price is under valued and probably is.I believe that they will not promote or take the share price up until most of the shares held by ex directors and officers of this company are moved to friendly hands.I believe they want the upside to benefit friendly and longer term holders of this companies shares.However they may have to raise the price a bit to entice larger amounts of shares to be sold at the same time find lager players to take the shares.

The great thing is this junior is in a great position.A mine about to hit commercial production with all in sustaining costs of approx 700. Drilling ongoing to prove a generational property.The highest grade open pit mine globally.I think I can sit back and relax a bit to watch all unfold.
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