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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 31, 2020 1:03pm
181 Views
Post# 31350691

Nova

NovaI believe the type of investor that they are trying to attract does not care about a high share price as long as they make the returns.Here something to think about.If Akiba can deliver with his agenda,which is a wildcard at this point,by the end of 2022 could be producing 90,000 ounces say with all in costs at say 800 and a gold price of say 2100 on average.add in also all the drilling results and assume they are similar.even if they did a 1/20 consolidation that would leave 35 mil share .now if you do the math  just think of what type of share price that alone could support.Having   Said that I understand your concerns but I think that if Akiba can deliver and people see only 35 mil share out we will not have any trouble with share price appreciation.The one thing that could alter all of this is if he decides to grow this company through acquisition . I sure hope he does not make any blunders with companies that will not go into production shortly or are already in production.


Bullboard Posts