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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 Methodon Oct 05, 2021 8:01am
167 Views
Post# 33965908

RE:Interest in this company

RE:Interest in this company

james2001 wrote: Forget using excess cash for share buybacks.return excess cash to the shareholders as dividends. I think if they started paying dividends to shareholders would bring in much more interest in this company.If you want less shares outstanding just do a share consolidation. Jmo

 

The more shares repurchased now, the higher dividends can be later. 


FISH started paying dividends and now has a 5% yield. They bought ~10% of shares outstanding first so the dividend is higher than it would have been otherwise. Have you bought FISH because of the dividend?

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