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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 AkibaLeismanon Apr 20, 2022 10:33am
153 Views
Post# 34616285

RE:RE:9m Adj. Ebitda, 831 cash costs

RE:RE:9m Adj. Ebitda, 831 cash costs

Blame?  It is what it is.   If people want to sell after we do what we say, for whatever reason, inclusive of personal, they clearly were not underwriting the investment correctly and I'd rather them not be shareholders.  

The share price becomes an issue if we need to use the shares for something, which at the moment we don't.  

If you are disappointed, I would evaluate how you underwrote the investment.   If the business is outperforming and the shares go down, you should buy more (relative to your risk and liquidity constraints).  If the businesss if underperforming and the shares go up, you should sell more.  but if you're disappointed because we do what we say, I really don't have much to say other than we are cut from a different cloth. 

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