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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

Post by james2001on Jan 28, 2024 1:57am
216 Views
Post# 35849034

Re insider action

Re insider actionAkiba said that a bank had some nice things to say about mako so my guess is maybe that bank decided to take a house position but the buying was done as arranged crosses.that is why over those 2 days the price did not go up. It happens from time to time where someone with a larger position may call Akiba andsay we have x amount of shares we want to move off of and possibly someone from mako knows of someone who wants a larger position and voila the crosses take place without putting any pressure on the market and the price remains unchanged. Jmo
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