Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > Re Akiba
View:
Post by james2001 on Jul 12, 2022 3:02am

Re Akiba

Why would Akiba waist amo to prop up a share price in a falling market.He does not have to raise capital and is in the middle of his 5 year plan.Ask yourself has anything changed in a negative fashion to change the share price in a material way.Personally I have not seen anything other than aisc has risen slightly which has been accounted for.If stock over valued lighten the load.if undervalued add.peronally I would love the share price to go down to .10 one more time to fill the cookie jar so that the lid does not fit on.
Comment by AkibaLeisman on Jul 12, 2022 2:41pm
It's not really wasting time.  Having a strong stock is important.   My frustration isn't even about the stock price.  It's that a very large seller is trying to sell without reaching out to the likely liquidity provider because of pride.  He would have been able to exit everything at a higher price had he done that.   And yes, it's a he (a she would have ...more  
Comment by barrywhit on Jul 12, 2022 3:54pm
James you may get your wish!! from 43cents to 0.225cents and still dropping. We have been continuously dropping since early April....
Comment by AkibaLeisman on Jul 12, 2022 4:07pm
You are aware that we have traded in lockstep with the gdxj (both down 43% since the time frame you referenced)?  With a downturn like this, you would expect illiquid names to underperform, which we haven't.  I don't think our drawdown is anything peculiar. I'm just curious about your frame of reference because it seems like you managed this position in a complete vacuum vs ...more  
Comment by novacapital on Jul 14, 2022 10:41pm
is the seller conlon? anyone confirm this? 
Comment by barrywhit on Jul 15, 2022 3:07am
novacapital asked: is the seller conlon? anyone confirm this?  That's for the company to confirm nova, they must know who the seller is!!! This is the list from Market screener reference major shareholders...how current is this???? Wexford Capital LP 364,104,234 55.2% Akiba J. Leisman 12,890,394 1.96% US Global ...more  
Comment by wick2022 on Jul 15, 2022 7:06am
Hi Barry, I can add to this as well On stockwick.com you can see the similar data and that is upto date (you need to subsribe for free to see the page below) we are working on removing that .. Search MKO or Mako  US GLobal investors sold some share they are down to 4.8 millon  Rael Lipson sold some as well around 80K he's down to 710K Arrow Capital is around 402K  (most of ...more  
Comment by barrywhit on Jul 15, 2022 8:57am
wick2022. Many thanks, i see you call MAKO a strong sell!...
Comment by barrywhit on Jul 15, 2022 4:43pm
Looks like someone really wants this share price down, taking out the bid at end of trading..Have a good weekend all...
Comment by wick2022 on Jul 15, 2022 9:40pm
Hey Barry That is the technical indicator, it is its own entity we have no control over it. It suggstive based on the chart. Please consider it a guide.    More features are coming soon hope to see you on there.