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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

Comment by nova023on Feb 17, 2021 11:56am
118 Views
Post# 32584972

RE:Re resistance.

RE:Re resistance.I thnk at the moment - we will see the tide change once they liquidate ther 10,000 ounces - 

that's a lot of money for a jr mine in one go - 

for now - we still hold - for those who understand the game - pass go and collect more shares. 

the point is - capex is low - and even with gold slipping and sliding - the margins on this mine are nuts - better then even Yamana gold and that guy is neck deep in capex costs. but he's still turning the world - 

fyi - keep an eye out for sugarbud - buying opp is now. 
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