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Bullboard - Stock Discussion Forum
Mako Mining Corp
V.MKO
Alternate Symbol(s):
MAKOF
Metals & Mining
Gold
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...
Segovia, Nicaragua, approximately 173 kilometers north of Managua and accessible through a paved highway. Its Las Conchitas area is located approximately 2.5 kilometers south of its high-grade San Albino Gold Deposit and is situated near the southern end of the Corona de Oro Gold Belt. The Eagle Mountain Project comprises two gold deposits, Eagle Mountain and Salbora, in addition to several other exploration targets. Its subsidiaries include Gold Belt, S.A., Nicoz Resources, S.A., and Mako US Corp.
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TSXV:MKO - Post Discussion
Mako Mining Corp
> Q3
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(263)
•••
Mako2022
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Post by
Mako2022
on Nov 25, 2024 8:12am
Q3
It seems MKO
was not alone with Q3 struggles.
Many other companies seemingly
struggled as well.
More importantly FCF under difficult situation is
impressive.
Q4 back on track and more to look forward to.
(2)
•••
AkibaLeisman
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Comment by
AkibaLeisman
on Nov 25, 2024 10:35pm
I'm not entirely sure there's a read-through to other companies. This was an idiosyncratic issue with the permit. Q2 and Q3 were really the only 2 Q's to be impacted by the permit delay. In Q2 we were basically "forced" to only mine the high grade because we couldn't do the pre-development work for the areas outside our bulk sample permit. That
...more
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