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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

Comment by Methodon Jan 06, 2022 3:59pm
91 Views
Post# 34290468

RE:RE:RE:RE:Warrants

RE:RE:RE:RE:Warrants

barrywhit wrote: For me it just goes to show we are nowhere near the SP the company expected to reach by 2022.
The warrant holders are probably p*ssed off and the company lose out on a cash windfall, although to be honest we have too many shares in issue anyway....and as i type we have a bid of 34c very disappointing...


The investors on the secondary (I participated) in 2019 bought stock at 40 cents plus half of a 60 cent warrant with 18 months to expiry based on Mako executing on its plan laid out back then. That's happened. I have bought more over time because the risk/reward keeps improving but I don't think most investors act like that. They pay attention to price way more than value.

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