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TMAC Resources Inc. T.TMR

TMAC Resources Inc is an industrial metals and materials company. The business acquires, explores, and evaluates mineral properties. Its lone business segment is Mining; this segment is engaged in the exploration and development of precious metal resources, primarily gold. The company generates the vast majority of its revenue in Canada. TMAC Resources' primary mine is located in Hope Bay, in the Kitikmeot region of the western Nunavut Territory. TMAC mines for gold resources and inferred minera


TSX:TMR - Post by User

Comment by bwannaon Sep 13, 2019 1:22pm
94 Views
Post# 30124371

RE:Ongoing Operational Issues Persist = Buy On Weakness...

RE:Ongoing Operational Issues Persist = Buy On Weakness...HI Snowshoe thanks for your comments

When I look at the q2 results and AISC costs above $1000 US / oz and good head grades (9.6  g/tonne milled) it worries me that the average reserve grade is only 6.8 g/tonne.  They are barely surviving now so it makes me wonder what happens when they run out of the high grade at Doris
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