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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 May 09, 2023 9:13am
41 Views
Post# 35438180

RE:RE:Volume????

RE:RE:Volume????

I think sales from frustrated longs like Barry are the constant source of supply. The constructive longs like myself buy on these dips but we own enough and there is no urgency to pay up. 

Perhaps the drilling up at Segoviana will bring in some longs who want to buy or get those who have sold 90% of their stake like Barry to buy some back. I don't think it makes sense to sell ahead of those drill results at this valuation but the hardest part of the game is holding something where intrinsic value is going up every day but the market price doesn't reflect it. 

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