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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 james2001on Mar 03, 2020 2:50pm
107 Views
Post# 30762241

Re question

Re questionAlthough there are a lot of shares outstanding , about 75% of them are held by 5 entities. To me that says it is well within their means to support the share price within the market at levels in which they choose.Akiba said at one point that he did not foresee a share consolidation at this time.This is not about how many shares are outstanding look more at what market cap can this company be worth because at the end of the day it come down to percentages.ie just buy more share with your dollars.I have heard at one time that some funds cannot buy share in companies trading less than$1 but I Do not no athe accuracy of this however we may be trading higher than that in a years time.

Bullboard Posts