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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 > Insider reports
View:
Post by stkstroker on Jan 30, 2024 9:59am

Insider reports

I had a look at the recent insider reports, and it looks like Akiba and J.M. recently sold stock so they could exercise options at $1.63.  They were likely expiring.  I would do the same thing and pocket the difference.  Also money raised from the option exercise goes into the company’s treasury.  People always freak out when insiders sell but sometimes there is a logical reason.
Comment by jimlong1 on Jan 30, 2024 11:40am
And the drill results continue to be great, offering potentially more  material for the mill. Great oppourtunity to add at discount prices today because of some nervous misinformed nellies.
Comment by AkibaLeisman on Jan 31, 2024 6:00pm
To be clear, I had a sailfish option ($1 strike) that expired this past Monday after a blackout period was removed.  There was liquidity on Mako last week, so I exercised some Aug exp'y 1.625 strike options (and sold into the buyer at 2.55) to fund that exercise (both at mako and fish).  Jesse exercised his options because I let him know that I was exercising and he should do the ...more  
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