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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 stkstrokeron Feb 20, 2023 12:32am
64 Views
Post# 35294783

RE:RE:10:1 SPLIT

RE:RE:10:1 SPLITI have been in the business for over 40 years and seen and experienced numerous consolidations.  Most don't go well.  I support MKO's decision and will continue to hold my stock providing they carry out the following promised goals. 
  1. Pay off the existing debt.
  2. Increase production to 1000 TPD.
  3. Get profitable.
  4. Continue to buy back shares and formulate a shareholder dividend policy.
IMO, until this happens you can kiss goodbye the up-listing to a higher exchange because we will not qualify.  I expect to see the stock will consolidate around $2.00 and slowly drift back within a few months. Share price should turn for the positive if they can achieve the goals listed above and successfully market the company.  Preaching to and criticizing the current shareholders isn't going to do any good if there is no audience.  We need some fresh institutional interest and buying. 
Good luck to all!       
   

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