IKN

untune that string and hark

Mako Mining (MKO.v) 33% down since announcing its resource

Doo Doo Doo Doo Doo Doo

With gold basically UNCH in the same period. This humble corner of cyberspace noted at the time how “…the cruel reality of a C$230m market cap company relying on a 100k oz resource to justify its valuation…” might make things difficult, it’s sure turned out that way. However, we must once again point out that while MKO’s fate is balanced precariously upon a tiny resource, even that isn’t the worst problem faced by the company.

PS: Is Grant Beasley still boasting about his 200k starter position on Twitter?

UPDATE: Looks like some angrybuying going on:

Poker players know all about tilt, Akiba. Doo Doo Doo Doo Doo Doo.

5 Comments

    Baby shark duduuuduudu….

    Reply

    the jokes on you Mark. All the artisnal miners were washed away in the past two hurricanes… Dozens of unmined ozs will now be play for akiba!

    Reply

    Shark 🦈 Shark 🦈 Baby….

    Reply

    They’ve now made it possible for retail to lose money on leverage too, after listing the 60c warrants. Another way for Wexford to fleece retail, you can’t say they don’t come up with creative ways to do so…

    Reply

Leave a Reply

Your email address will not be published.

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.