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Mako Mining Corp V.MKO

Alternate Symbol(s):  MAKOF

Mako Mining Corp. is a gold mining, development, and exploration company. The Company operates the high-grade San Albino gold mine in Nueva Segovia, Nicaragua. It also owns the Eagle Mountain Gold Project in Guyana, South America. The Company’s primary asset is San Albino mine, an open pit mine located in Nicaragua. Its San Albino gold project is an open pit development project located in Nueva Segovia, Nicaragua, approximately 173 kilometers north of Managua and accessible through a paved highway. Its Las Conchitas area is located approximately 2.5 kilometers south of its high-grade San Albino Gold Deposit and is situated near the southern end of the Corona de Oro Gold Belt. The Eagle Mountain Project comprises two gold deposits, Eagle Mountain and Salbora, in addition to several other exploration targets. Its subsidiaries include Gold Belt, S.A., Nicoz Resources, S.A., and Mako US Corp.


TSXV:MKO - Post by User

Bullboard Posts
Post by sweatmanon Sep 26, 2012 11:32am
209 Views
Post# 20415935

Danny's deal...no bottom in sight

Danny's deal...no bottom in sight

Like I said yesterday, you can fool a lot of the punters and obviously still the odd big time analyst. Danny's deal collapsed yesterday, down around 50 cents. Down again today, another 10 cents. Huge volume yesterday, over 12 million. Reason: you can natter all you want about having one or two million ounces. If the grade is not there, you can have all the width you want.  Danny's dudes slid out a news release...when you check the grades, they are beyond meager. The only time the cut-off gets above 2 grams is waaaaaaaaaaaaaay down the hole.

If...and that is a big IF - GRR can pull their fingers out of their keestes and deliver on to us a number exceeding 250K ounces and it is near surface and it is high grade (3+ or better) we will be laughing all the way to the bank. Mind, when you get to the bank...beware of the long line-ups of smelly and starving plebs as they loiter around ATM machines...machines that will be *temporarily* Out of Order.

Hopefully when November comes there will still be a stock market, for if so...if the numbers are good, the share price should move up a few pennies.

 

Bullboard Posts