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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 Mar 23, 2023 9:29pm
89 Views
Post# 35357778

RE:RE:RE:Im liquidating

RE:RE:RE:Im liquidating

I don't understand this post and I guess I didn't understand the last.

I do think most of the selling we are seeing is not do to uncertainty, but because the stock isn't keeping up with the gold price. Most junior gold investors are in for the beta and if they don't see it they think something is wrong. Sometimes there does end up being something wrong so there is confirmation which cements the behavior. But ultimately every stock is idiosyncratic. 

Mako seems the most certain in a long time right now with the metallurgical issues seemingly behind us, production at the mill testing 600tpd and the gold price up almost $400 off of the fall lows. That doesn't mean it's easy to find new investors at higher prices but I guess that's what you would call uncertainty.

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