Mako Mining Corp V.MKO

Who was selling

[james2001]

I was wondering who and why someone was selling at this point in time.Akiba said it was a larger holder of shares who was selling because their position was too large for the liquidity of this company.He also said that PI was the market maker and was satisfied with them up til now.....Hmmmmmm .Their job would include marketing and expanding the shareholder base I would presume. If a larger holder is selling because their position is too large for the liquidity of this company I would suggest that he does not extend the contract with PI and get a company who will perform.

[2020EPIC]

This post has been removed in accordance with Community Policy

[Method]

  You are confusing market making with investor relations. Market making is just about keeping the bid/ask spread tight.  

[ferraton]

I think there's an ex-director who has a large position which he's been selling over the past few months. The company placed stock in size @ 40 cts last year. Surely some of the buyers then would be happy to average down at 5-10 cts lower if MKO arranged to place this overhang in a single tranche. Unless of course there's an objective to cause frustration / embarrassment to the new

[nova023]

I don't think its an ex-director - Akiba doesn't like him so he's trying to find ways of pointing at him - doesn't matter. this is the last stretch - this should begin leading into the right direction. if gold can get back to 1900 - I'm ok with this staying where It is to keep adding to my position - so when the real money starts flowing in - hopefully stock and margins

[stkstroker]

I agree with Nova that the selling is not coming from any of the ex-directors.  None of them are in a position where they have to sell.  A good friend of mine knows one of the original directors and he said they are all sitting tight. All of them have realized the true potential here since day one.  The project has taken a while to come together but the company has survived and we

[barrywhit]

Good Post stkstroker, I am also sure that the seller wasn't/isn't an Ex-Director, they are more than happy to hold the shares they own as they know the quality of the resource in the ground. It's a shame Akiba comes out with this type of comment..