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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 > Share puchase
View:
Post by james2001 on Oct 06, 2021 12:46am

Share puchase

The problem I see with that is there are 650 m shares out and would have to puchase a boatload to make a difference.Even if you took it down to 600 m would that be perceived any differently.on top of that to purchase 50m at today's close of .33 would cost approx 16.5 m. That could take 2 years to do and taking share from 650m to 600 mil would not make any difference in my mind.
Comment by Method on Oct 06, 2021 5:55pm
  how much stock has traded in the past 3 months? Compare that to the 50m shares you think they could buy that wouldn't make a difference.
Comment by PeterThomas on Oct 12, 2021 8:06pm
Exactly right.
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