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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 Sep 20, 2022 2:30pm
143 Views
Post# 34974413

RE:RE:RE:RE:RE:RE:No choice

RE:RE:RE:RE:RE:RE:No choiceEpic, this drop in share price from 43c to 20c is not a few Private Investors selling that has caused this drop, we have had constant selling for the last 12months and apart from Akiba and Wexford buying we have had NO demand for MKO shares to take up any overhang. Now we have a weak Gold price which doesn't help and if i remenber correctly we have a loan note from Sailfish with a repayment of 205oz of gold a month within a price range of a low of $1750 and a high of $2000oz.. Lets hope the Gold price rebounds above $1750oz...
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