TMAC Resources Inc. T.TMR

Metals & Mining Industrial Metals & Minerals

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

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TMAC Resources Inc. > Another "flurry" EOD. This one to the downside

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Comment by Wineauxon Nov 16, 2019 8:12am

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Post# 30359752

RE:Another "flurry" EOD. This one to the downside

Sherm, only 20% of this stock is in the public domain - there's not a lot of shareholders. My hope is that this recent downward pressure is mostly due to tax-loss selling and partly because of the delay in processing high-grade from 4Q19 to 1Q20.

I don't think they're planning on releasing any news until next year and the stock will remain depressed until they can PROVE that there's been real progress. Hopefully management steps in and starts buying.

If I could average down more I would, but I'm 100% tapped out on TMAC.

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