Mako Mining Corp V.MKO

share price

[barrywhit]

Even at these dreadful prices there are still no takers for the shares...

[Mako2022]

Barry Continue to buy!!! I've bought at every opportunity under .30 and will continue to do so.   

[barrywhit]

mako2022, I'm afraid i no longer have the confidence that this management can deliver the share price rises that i would have expected by now. I have reduced my holding by 70% over the last few weeks. absolutely dreadful share price performance...

[novacapital]

forget him or management  the gold is obvious and it will hold 

[Method]

  Do you mind sharing how much you sold?

[Epic2022]

Hello Barry Totally understand. Never would I have thought we'd be struggling at this level. I do continue to buy but will have to reassess if we continue this downtrend.

[barrywhit]

epic, what concerned me was the drop in the Gold price, the high AISC of over $1100, which means a smaller working profit to fund exploration etc. It has probbably put a stop to any buy back of MKO shares which means with the continued selling we have no new buyers....

[Method]

  What are you projecting AISC to be once the expansion is complete? If MKO paid US 2 cents in dividends next year and that was expected to go to US 4 cents in 2024, what yield do you think it would trade at?  

[AkibaLeisman]

I think this is a much more rational reason to sell than blaming  the share price on bad management (which may also be true, but I'm so bad that I can't figure out what that might be :) the priority of funding is/was always 1) operations 2) exploration 3) debt repayment 4) NCIB/dividends.   Obviously from the above there could be times where we tactically change priorities

[barrywhit]

Someone really wants out today....

[wick2022]

Epic, there is a lot of purchasing done by Akiba.  But how much more can he keep on purchasing. I also read there is family involved?  on stockwick.com we can see the top share holders from companies from what I know. I personally own more then the chairman lol.  Also US global Investors sold 1Million Shares, that could contribute towards the stock price drop sometime in march