Post by
barrywhit on Apr 27, 2023 12:39pm
From the CEO Thread
https://simplywall.st/stocks/ca/materials/tsxv-mko/mako-mining-shares/news/does-mako-mining-cvemko-have-a-healthy-balance-sheet
Worth a read, Akiba does respond on the CEO Thread...
Comment by
Method on Apr 27, 2023 1:35pm
Is it worth a read? It's AI written isn't it?
Comment by
barrywhit on Apr 27, 2023 1:47pm
I think its worth a read, you don't have too read it Method thats your choice. It outlines the debt and shows why we are so reliant on Wexford, and now Sailfish...
Comment by
Method on Apr 27, 2023 1:53pm
Obviously I did read it otherwise I wouldn't have commented. What was new to you?
Comment by
barrywhit on Apr 27, 2023 2:03pm
Nothing in there i didn't already know, but may be useful for other investors.....
Comment by
Method on Apr 27, 2023 2:34pm
I guess if they have never looked at the financial statements or now how to analyze them. Notice how there was nothing forward looking. It seems like most people make their investments looking through the rear view mirror these days. Do you have a forward cash flow forecast?
Comment by
barrywhit on Apr 27, 2023 3:28pm
You are probably correct Method, but forward statements and company targets are difficult to guage as most don't materialize, enlarged mine, updated gold resource to name two...so i would imagine cash will improve this year as Wexford will probably expect a dividend. Just my opinion.....DYOR
Comment by
Method on Apr 27, 2023 5:03pm
So you think Cash will improve because Wexford will expect a dividend but not because we going produce almost half our market cap in operating cash flow?
Comment by
Mako2022 on Apr 28, 2023 1:48pm
Volume way down across gold stocks today Something is brewing... wait and see approach I suppose. I can't add to this symbol until volume increases exponentially