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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 barrywhiton Jan 06, 2022 4:28pm
104 Views
Post# 34290604

RE:RE:RE:RE:RE:Warrants

RE:RE:RE:RE:RE:WarrantsMethod,

I have held what is now MAKO since 2014. I like most invest to make money i was expecting MAKO to be closer to C$1.00 than 0.35c by 2022. The good points are we have a Finshed Profit making 500tpa working mine with hopefully a good resource area to be explored, a good workforce and what looks like a safe region for our mine. The downside is we have a small Gold Resource, a large debt and shed loads of shares but not great liquidity of shares. A CEO that puts Private Shareholders way down his list of priorities and the only way to get Shareholder value seems to be to buy back their own shares. We may have a dividend eventually, but i would rather have a healthier share price..To set warrants at 60c shows me as i said previously, we are nowhere near the share price the CEO was expecting to have by 2022....
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