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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 > 2k plus
View:
Post by Mako2022 on May 09, 2023 9:40am

2k plus

On the bright side Gold seems to have considerable support to remain over 2k. That's a glimmer of hope for the future.
Yes Method you mention longs...
Think Barry and many have been long for 7-10 years and seen very little upside in share price. Understandable one would liquidate and allocate to other opportunities. Share price should be a concern for management IMO. After all isn't that why we invest!?
Comment by Mako2022 on May 09, 2023 9:41am
Could it be Nova is selling off?
Comment by Method on May 09, 2023 10:18am
I make decisions looking at the intrinsic value vs the share price and the potential catalysts to close the gap. That usually means taking advantage of people making decisions based on their experience as opposed to price vs intrinsic value.  That being said, I totally understand how psychology plays into investor decision making. The other side of it is, I assumed he owned it because he ...more  
Comment by Mako2022 on May 09, 2023 10:33am
Method Having said all that...what would YOU think is a reasonable time frame in your mind to see some level of return for the intrinsic value you see?
Comment by Method on May 09, 2023 10:53am
We have cash flow now to invest so that should speed up the timeline for some recognition. Between all of the drilling and potential M&A, I think there are lots of catalysts over the next 6-18 months. If the gap doesn't close, I still won't sell as long as we are making smart decisions with the capital. I have a lot of faith that we will with Wexford as our controlling shareholder ...more  
Comment by Mako2022 on May 09, 2023 12:49pm
Im certainly not going to comment on whether someone sells or holds  but I'd like to see more investors that appreciate the intrinsic value you speak of. Then perhaps we will see the upside.
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