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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 price
View:
Post by barrywhit on Jul 04, 2022 12:22pm

share price

Even at these dreadful prices there are still no takers for the shares...
Comment by Mako2022 on Jul 07, 2022 5:00pm
Barry Continue to buy!!! I've bought at every opportunity under .30 and will continue to do so.   
Comment by barrywhit on Jul 08, 2022 11:41am
mako2022, I'm afraid i no longer have the confidence that this management can deliver the share price rises that i would have expected by now. I have reduced my holding by 70% over the last few weeks. absolutely dreadful share price performance...
Comment by novacapital on Jul 08, 2022 2:13pm
forget him or management  the gold is obvious and it will hold 
Comment by Method on Jul 10, 2022 12:22am
  Do you mind sharing how much you sold?
Comment by Epic2022 on Jul 10, 2022 3:27pm
Hello Barry Totally understand. Never would I have thought we'd be struggling at this level. I do continue to buy but will have to reassess if we continue this downtrend.
Comment by barrywhit on Jul 11, 2022 5:38am
epic, what concerned me was the drop in the Gold price, the high AISC of over $1100, which means a smaller working profit to fund exploration etc. It has probbably put a stop to any buy back of MKO shares which means with the continued selling we have no new buyers....
Comment by Method on Jul 11, 2022 8:51am
  What are you projecting AISC to be once the expansion is complete? If MKO paid US 2 cents in dividends next year and that was expected to go to US 4 cents in 2024, what yield do you think it would trade at?  
Comment by AkibaLeisman on Jul 11, 2022 10:11am
I think this is a much more rational reason to sell than blaming  the share price on bad management (which may also be true, but I'm so bad that I can't figure out what that might be :) the priority of funding is/was always 1) operations 2) exploration 3) debt repayment 4) NCIB/dividends.   Obviously from the above there could be times where we tactically change priorities ...more  
Comment by barrywhit on Jul 11, 2022 3:56pm
Someone really wants out today....
Comment by wick2022 on Jul 11, 2022 9:28am
Epic, there is a lot of purchasing done by Akiba.  But how much more can he keep on purchasing. I also read there is family involved?  on stockwick.com we can see the top share holders from companies from what I know. I personally own more then the chairman lol.  Also US global Investors sold 1Million Shares, that could contribute towards the stock price drop sometime in march ...more