MKG 11.1% 1.0¢ mako gold limited

"I always find responses on HC enlightening as to the type of...

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  1. 608 Posts.
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    "I always find responses on HC enlightening as to the type of shareholders on the register: Artisanal miners welcome to strip the resource, but shareholders who point this out are given financial advice to sell for a loss.

    This is pretty standard for a stock on a road to nowhere. Otherwise, people could tolerate views that are not rosy as the fundamemtals were sound and a negative view is no threat.
    But this is another of those stocks where only rampers are welcome because the stock cannot stand having any light shone in the darker corners."
    ------------------------------------------
    Hello asteroider,

    I myself, like some other MKG shareholders here, think that artisanal mining is a negligible issue and it does not worry me.

    I don't want to tell you what you should do, after all, judging by the number of your posts (17,949), you have been here for a while and I guess there is not much left for you to learn, you have probably seen it all (or almost all) that is to be seen...

    But Iet me tell you what I would do if I wanted to find out if artisanal mining is a valid issue or not.

    I would first try to locate such information on the internet, which I did yesterday but to no avail - what I found wasn't very applicable to Ivory Coast.

    The next thing - I would look up HC Tieto threads and try to figure out which posters and Tieto shareholders have good credentials overthere (you may already know that).

    Tieto is pretty much a bigger version of Mako, is not too far and hasn't been there for long. I would then ask these posters if artisanal mining was an issue when Tieto was in the exploration stage. I would think that they should know that, and I would go by what they would have told me.

    What do you think?
    Cheers
 
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