Post by
Atticus2021 on Nov 09, 2021 11:00pm
23 Million Ounces AND Counting! ;)
Anyone here ever sit down with either John Kowalchuk or Zoran Pudar to better understand the Mako geology for the Corona de Oro Gold Belt?
I'm pretty excited about Akiba's tweet about updated Resource Model in less than 4 weeks.
Converting Inferred Ounces into Measured and Indicated.
"Meaningfully Derisked" I like that!
Operating Mine
Positive Cashflow
Highest Grade Open PIt...in the world
"Possible" Orogenic Deposit
Mako activily buying back their own shares
CEO heavily buying off the open market
Nova: $20. A little lighthearted humour to help you understand "Meaningfully Derisked" ;)
Comment by
novacapital on Nov 10, 2021 9:55am
risk is not a questions, capital storage is the question. The ROI on this is not impressive, but the mine growth is. Stock price as per CEO is clear it is not reflective of the business they have. my only argument (main argument) is SP should be passed $1
Comment by
novacapital on Nov 16, 2021 9:02pm
thumbs up on Akiba...great news.. sp...great!
Comment by
barrywhit on Nov 17, 2021 10:50am
You would really think we could hold onto 40c..Gold price at $1860 an up and running mine. Something not quite right..
Comment by
Method on Nov 19, 2021 7:14am
Agreed. Gold "investors" think price provides more information on intrinsic value than cash flow and production. Good thing Mako doesn't need to raise any equity so it's not a problem.