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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

Post by Shermandrock1on Sep 29, 2019 10:04am
116 Views
Post# 30174990

Here we are folks; end of the quarter

Here we are folks; end of the quarterDespite the recent downdraft, I take comfort in Jason's tone and demeanor in his latest two presentations. To me, I hear commitment and resolve to bring the plant shortcomings to a conclusion. I believe that the passage of time will prove him successful. In his presentations judging by the words used, body language and tonality, he clearly is signaling that anything other than a successful outcome will materialize. All equipment should now be in place, operational and providing the intended results. That should satisfy one-half of the equation of value generation. The other half of course is reserves, resources and inferred. Jason has clearly signaled that he believes the way to value is through the drill and discovery. Given the most recent purchase of Barkerville, it appears that he is right. Lastly, we heard of some "toe dipping". Given that favorable news is in the offing, probably a good idea. Sherm
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