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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 > Persistent buying
View:
Post by Mako2022 on Sep 08, 2023 1:48am

Persistent buying

True Method  that would help a great deal. Purchase purchase purchase. 
Problem is the current shareholders don't want for the most part continue to buy shares only to see their $$$ go missing. It's tuff to continuously buy a stock that continues to defy logic monetarily.
Yes we all know what your comment will be and it's always the same....inefficienct blah blah but on the other side one needs to have directional monetary increases. After all we've been actively mining for quite sometime now and have seen no returns financially for the majority no doubt.
Comment by Method on Sep 08, 2023 8:15am
Investors who think the market is efficient are selling to those who think the market isn't efficient. The buyers are patient, the sellers are not. If anyone starts buying on an uptick the efficient market guys might stop selling or even jump back in since price signal is way more important than intrinsic value to them.  
Comment by Mako2022 on Sep 08, 2023 9:46am
I get it Method. My point is, will the current base dip into their pockets and continue to support a stock that remains under pressure? It makes total sense to do so but understandable if one becomes a wee bit hesitant in doing so. Im personally waiting to see some type of tick to the +
Comment by Method on Sep 08, 2023 12:05pm
Like I said, efficient market people need a price signal. I get it.
Comment by Mako2022 on Sep 08, 2023 12:21pm
Yep you did and I agree How much have you added lately? What happened to the big buyer?  Sidelined perhaps they are waiting too
Comment by Method on Sep 08, 2023 12:55pm
I usually buy some most weeks including this week. I don't know what happened to the buyer. Maybe just annoyed no sellers are around when the bid.
Comment by Mako2022 on Sep 08, 2023 4:07pm
Perhaps Akiba will have a meaningful Summit presentation at Beaver next week. Heading in the right direction it seems but at an escargot pace
Comment by novatime00 on Sep 09, 2023 4:34pm
i'm sure he's aware no one is interested in the stock presently,  its a hard sector as well.   GRR days this moved with price of Gold. Also different management had better impression to help sway stock.  Isn't the case momentairly  I think they need consistent rhtym to get this stock to the high 9's, to 12's that would justify the market cap and ...more  
Comment by Mako2022 on Sep 10, 2023 1:23pm
Wexford picking up more cheap albeit small amounts .They'll be the winners 
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