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Bullboard - Stock Discussion Forum 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... see more

TSXV:MKO - Post Discussion

Mako Mining Corp > Small share sales today
View:
Post by ferraton on Mar 15, 2021 1:04pm

Small share sales today

Can anyone explain the dozens of sales of 500 shares please?
Comment by novacapital on Mar 15, 2021 2:00pm
Usually signs of market makers - something could be brewing within the next few months. 
Comment by ferraton on Mar 17, 2021 12:54pm
Signs of market-makers ...doing what, apart from buying dozens and dozens of 500-share lots? I'm none the wiser I'm afraid!. And I'm confused as to why that in itself should be a sign of something brewing. Thanks 
Comment by novacapital on Mar 17, 2021 3:23pm
Market makers can do mulitple things - I dont recall a news relase that Akiba has them on again unless these guys are around frmo last time eitherway from what i can tell - its accumulation at 500 - which means prepping for a gap.  whent hat happens it can eithr gap up or down. But given Akiba him self has bought in the open market, I would believe or aim to believe the stock is going up now ...more  
Comment by 2020EPIC on Mar 17, 2021 4:32pm
This post has been removed in accordance with Community Policy
Comment by novacapital on Mar 18, 2021 9:51am
Like I said - Gap up! lol small - i was hoping for larger gap  but this is a good start if the trend continues -  not seeing the 500 trades right now because i think larger bids in place.  lets hope it follows through. 
Comment by ferraton on Mar 18, 2021 11:31am
Yes, but it's still not clear why, in order to ahcieve this outcome, they should faff around hoovering up reams of 500-share lots - which was my original question. Just seems weird.
Comment by novacapital on Mar 18, 2021 1:00pm
the methodology is questionable. but its common practice. you see it with 100's 200's 300's each havea. signal. usually 100's is high accumulation.  I dont know the full extent of this this works entirely.  But Its an indicator I wtch for - and then make my bets. its all i shared man..  All good - we at .38 cens today whos complaining? hopefully tomorrow it stays ...more  
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