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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 Aug 17, 2020 11:57pm
165 Views
Post# 31421167

different angle

different angleMaybe they don't want the share price to rise until after The Sailfish rights offering closes.Many Mako shareholders are also Sailfish shareholders.Many may use Mako gains to flip into exercising their Sailfish rights.By not having Mako shares rise before rights of Sailfish closes may exclude Many possibly from exercising rights.Im sure Wexford and others are  backstopping this rights offering and don't want all rights exercised.Just a thought.
Bullboard Posts