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Mako Mining Corp V.MKO

Alternate Symbol(s):  MAKOF

Metals & Mining Gold
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

Mako Mining Corp
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Comment by MarlinLongon Dec 03, 2019 9:34am
108 Views
Post# 30416692

RE:RE:RE:RE:RE:Possible next financing

RE:RE:RE:RE:RE:Possible next financing
I agree with all that...wexford are in the capital gains business not the mining business. $1 or mkt cap of c.$600m seams resonable to me if not  a little conservative..IF things go right. Personally I would be very happy with an exit at $1 per share...that might be conservative but a lot has to fall into place for it to happen 1. operationally  2. price of gold (will it hold here, increase or fall back to the 1200's or lower. Different valuations for the company for each scenario)

Akiba is great at talking the talk ..a world champ at that!  .., wexford is great at doing deals (Marlin/Commonwealth/Sailfish/Golden Reign/Mako). The jury is still out if they can walk the walk and get this project up and running, producing and then sold. A lot can go wrong. Im holding for now and definately not counting any chickens...we'll see.
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Dealroom for high-potential pre-IPO opportunities