Post by
bogeste on May 31, 2019 1:46pm
TMAC
Why is TMR not moving lock step with other AU Miners? Last 2 days, they're all up ~2-4%/day while TMR only moved 1/2%/day. I know it's not as liquid but it still trades sufficiently at ~$400K/day. I'm concerned about opportunity cost; money sitting in TMR while other stocks moving better. Will it just catch up in one fell swoop or are there other issues at play. It seems to be deeply undervalued now that its getting closer to optimization by the day. Thanks,
Comment by
Harbinus on May 31, 2019 2:15pm
I've venture a guess and say its nore moving up so much today because the stock is a bit tired after a huge move in the past couple of weeks. Let's be happy with that and let things work themselves out with this company. Lots of potential here, this can be a $2+ billion company without too much dilution if they have some success with the drill bit.
Comment by
bogeste on May 31, 2019 2:28pm
Yes, the stock is resting at it's new level after significant rallies; consolidating. Yes, that 80KM HG strike could offer good ore to their new plant for long, healthy profits. In time, the cream will rise and the story will get out. I agree; Let's let things work themselves out. Thanks for reply.