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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 Jul 27, 2020 12:31pm
102 Views
Post# 31324934

timing

timingJust throwing this out there.I am not for a 1/20 consolidation as I also believe that this would tank liquidity and the company would have trouble for it to reach a market cap worthy of its assets.Now having said that no consolidation is going to be done without Wexfords approval.If Akiba was going to do this on his own without Wexfords approval,he would be out of there in a flash.For some reason I am getting a feeling that there is more going on than he can talk about.In about 5 months this company starts its positive cash flow. What better time to issue shares for the companies first acquisition.These people have been around the block once or twice and hope that a mistake is not made at this juncture in time.jmo
Bullboard Posts