Mako Mining Corp V.MKO

Alternate Symbol(s): MAKOF

Metals & Mining Gold

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.

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Mako Mining Corp > 10:1 SPLIT

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Comment by AkibaLeismanon Feb 21, 2023 8:16am

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Post# 35295814

RE:RE:RE:RE:RE:10:1 SPLIT

Sailfish never consolidated. Marlin shareholders got 1 share for every 5 they owned. Sort of the same thing, but not.

the big issue with people's interpretation of consolidations is that there is SO MUCH survivorship bias.

RS's happen when share prices are notionally low (true)

Share prices are generally notionally low when companies aren't doing well (true)

The best predictor of a company not doing well in the future is if they are doing bad now (true)

Companies that do bad in the future generally have their stock prices go down in the future (true)

But don't confuse the above with the statement that RS's are bad. It's a case of correlation vs causation. There is a very clear line to initiating a consolidation with new investors who are capable of buying our stock. Otherwise I wouldn't be doing this.