Mako Mining Corp V.MKO

Alternate Symbol(s): MAKOF

Metals & Mining Gold

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

Mako Mining Corp > Share price not budging

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Comment by Methodon Jul 26, 2021 6:33am

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Post# 33603237

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE: Share price not budging

That was my point. A new portion of the "wider investor market" will be interested when they see production for July and estimates of production costs and another portion will join them when MKO reports Q3 cash flow.

Best thing to do for existing shareholders is sit on our hands or buy more (not investment advice) but some of the selling is likely from long holders focused on the price not moving and ignoring the intrinsic value going up incrementally every day.