Mako Mining Corp V.MKO

News release

[barrywhit]

All becoming too incestuous for me i'm afraid. We get money from Sailfish in which Wexford own 62% to pay off Wexfords loan in MAKO in which Wexford own 56%. And you are expecting Institutions to invest in this, oh and Akiba is Chairman of Sailfish and CEO of MAKO....

[Method]

Are you out?  Personally, I like the deal. It's just another step to get where we want to go.

[barrywhit]

Sorry Method, i'm not out. Still holding a few....

[Method]

Why torture yourself?

[barrywhit]

Method, im hoping you prove me wrong. Anyway i wont be posting for another 4 weeks, off to Spain tonight  for 4 days golfing, back for a day then off to Costa Rica for 23 days on Holiday. 

[Method]

Hope you have an amazing trip.

[PeterThomas]

This is a money train.  None of the gold they sell belongs to shareholders. All goes to Sailfish, Wexford banksters and grifters.  BTW Akiba and Wexford running the money at BTR.  Same shyte, different toilet.

[Mako2022]

Good one Peter  Are you expecting Akiba to comment on this?

[AkibaLeisman]

Mako owes money to Sailfish through a refinancing that was done 18 months ago which lowered the cost of capital and greatly increased financial flexibility of the company.  Mako has paid Sailfish what they owed for 18 months and there's 6 payments left on the gold loan.  The silver loan will likely close in a few weeks, and I've commented why we're doing it (to be index

[AkibaLeisman]

Yes.  I am expecting institutional ETFs that reference certain commodity equity indices to invest in Mako by next quarter.   If it works, that's huge demand.   If it doesn't work, the cost of capital is about the same, but the flexibility of the loan is better.  I like trades like that.  as for wexford, if you are uncomfortable with them, you really shouldn

[Mako2022]

I knew you'd answer this cause that's what you do. Not sure what P's motives are other than being controversial but c'est la vie Adding more next week aprs split