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Bullboard - Stock Discussion Forum 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... see more

TSXV:MKO - Post Discussion

Mako Mining Corp > Share purchase
View:
Post by james2001 on Oct 06, 2021 11:42pm

Share purchase

The 2 years and dollar figure was a hypothetical to say it was unattainable to purchase enough shares out of the market to make a difference. My point was if you had to choose one over the other I prefer dividends.Now M&A I am totally supportive of if he merger or aquisision could be put into production quickly and within a cost structure that does not cripple the company.
Comment by Method on Oct 07, 2021 7:54am
  I don't know what "make a difference" means to you. Plus there is no reason, to have to choose only one tactic to lower our cost of capital. I hope we can all agree that Akiba and Wexford are anything but complacent so they will keep trying to get the shares closer to fair value whatever it takes.
Comment by novacapital on Oct 07, 2021 8:50am
Guys - what are we really debating,  Share price has been the topic of convo on this board for the past few years! Akiba didn't really care, it something a CEO shouldn't ignore specailly with loyal long term holders.  If they can adjust to this circumstance it will be good. I doubt he's capable of fixing this sicne his track record for share price hasn't been great. but ...more  
Comment by Method on Oct 07, 2021 10:15am
CEO doesn't control the share price. Shareholders do and as a shareholder he is doing his part by adding. As CEO. he has intrinsic value moving up rapidly. I think some of you forget the share price is just what the market is valuing the company at and in Mako's case with the general disdain for mining plus not being a traditional promoter means less interest in the name.  Plus the ...more  
Comment by novacapital on Oct 11, 2021 4:15pm
Method CEO doens't control the share price. - I agree.  CEO controls the company direction, image branding amongst a handful of other things that help with Share price.  Under his leadership 30 cents is not sufficent for what this mine has to offer agsint other companies with small deposits or harder forms of extraction of set deposits. You can't argue this. This is set in ...more  
Comment by Method on Oct 11, 2021 6:57pm
I'm not sure what you arguing.
Comment by novacapital on Oct 11, 2021 7:20pm
CEO not helping/responsbile for stockprice, but they influence it for sure. 
Comment by Method on Oct 11, 2021 8:48pm
  How can you tell he hasn't? 
Comment by novacapital on Oct 12, 2021 10:26am
Because he hasn't taken it to the street, properly -  he thinks his Twitter is all that he needs to get investors. Which isn't really working out for him.  as you specified, to get jr mine investors you need to get institutional investors and sell the idea to the market more and more. There is no proper campaign,  An example would be the New Orleans investment summit ...more  
Comment by Method on Oct 12, 2021 9:07pm
  He tells the story to anyone who asks. You don't think the real reason is because the promoters he kicked out between Golden Reign and Bonterrs are badmouthing Wexford. IKN's poor analysis doesn't help either. Too much job risk to buy a miner without the right promoter or if anyone is saying to avoid it.  Now that they will soon be in a position to do M&A, an ...more  
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