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Bullboard - Stock Discussion Forum 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... see more

TSX:TMR - Post Discussion

TMAC Resources Inc. > Thank you Wineaux. Your contributions
View:
Post by Shermandrock1 on Nov 26, 2019 11:38am

Thank you Wineaux. Your contributions

to this board are much appreciated.
Comment by Wineaux on Nov 26, 2019 12:34pm
Thanks Sherm, in a way this is reassuring so at least we now understand where all the selling pressure is coming from and that we are not crazy for investing in this stock.  I got another update for IR this morning:  We are not sure of BlackRock’s end goal with their TMAC holding. There are a few scenarios for you to consider:   - They could continue to sell the remaining 10 ...more  
Comment by PulpCutter on Nov 28, 2019 12:23pm
Great data & discussion, Wine & Sherm - thank you!  FWIW, Tom Stanley's fund sold down a large position in Wesdome, and I swear by letting others get in cheap, that's why so many have done well on WDO.  So - call me overly optimistic - but big funds needing to get out of a relatively-illiquid stock have been great buying opportunities. 
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