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Bullboard - Stock Discussion Forum
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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Bullboard (TSX:TMR)
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(21)
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bukobucks
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Comment by
bukobucks
on Dec 22, 2020 12:19pm
RE:TMAC -this is our change
This is very profitable company at these gold prices, issue shares at $1.50 - $1.75, squash the debt and carry on as a very profitable company. The float is still relatively low even if they dilute a
...more
(4)
•••
Goldtrader
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Post by
Goldtrader
on Dec 22, 2020 12:09pm
TMAC -this is our change
I think this development is very good - now we have the chance to take everything into our own hands. I think we need great management for this and something has to be designed here. All managers who
...more
QMET has 11 claims and 633 hectares Property in Ville-Marie, Quebec Hydrogen Camp
posted Nov 25, 2024 9:00am by
Q Precious & Battery Metals Corp.
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|
The Company is pleased to discover that their Lorrain claims are now within the new and exciting exploration for hydrogen in the Ville-Marie, Lorrainville and Béarn region of Quebec. The region has undergone a claim staking rush following the ...read more
(437)
•••
Ridgeback
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Comment by
Ridgeback
on Dec 22, 2020 11:24am
RE:TMAC trading post announcement
Here's an update from TD. I'm not a shareholder but have watched TMAC and I was skeptical about the Chinese being allowed to takeover. No wonder given the political friction. The good news is
...more
(2)
•••
valerian
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Comment by
valerian
on Dec 22, 2020 11:15am
RE:What is Plan B for TMAC?
Hmm, zero comments, not a good sign.
(16)
•••
15Stanmore
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Post by
15Stanmore
on Dec 22, 2020 9:53am
TMAC trading post announcement
TMAC has traded as low as $1.05, but has been steadily recovering - now at $1.09-$1.10. Likely many shareholders just getting the news and trying to digest what it all means. Would be helpful if TMAC
...more
(16)
•••
15Stanmore
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Post by
15Stanmore
on Dec 22, 2020 6:33am
What is Plan B for TMAC?
Here is the CEO's message from yesterday's news release with my emphasis in bold: Jason Neal continued, “While we are disappointed with the outcome, we are very pleased that TMAC achieved
...more
(544)
•••
riverrrow
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Post by
riverrrow
on Dec 22, 2020 5:53am
share price target $3
I'm just pulling that number out of the air but with the current price of gold and the fact that TMR made 16 cents a share profit last quarter a $3 share price seems reasonable. The market pros
...more
(16)
•••
15Stanmore
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Post by
15Stanmore
on Dec 21, 2020 10:05pm
Federal Government cancels SD Gold takeover
It was announced tonight that TMAC has received notification that the plan of arrangement for SD Gold to take over the Company at the shareholder approved $1.75 per share has been disallowed and the
...more
(8)
•••
redcoats
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Comment by
redcoats
on Dec 21, 2020 9:33pm
RE:Government of Canada rejects sale
Finally a bit of sanity. Now I hope gold prices continue up, and management gets down to finding economically viable solutions to long term survival and profitability. Looks like they've already
...more
(544)
•••
riverrrow
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Post by
riverrrow
on Dec 21, 2020 9:20pm
Government of Canada rejects sale
Deal is off. Lots of cash on hand but not enough to repay maturing debt in June. https://www.businesswire.com/news/home/20201221005788/en/Government-of-Canada-Rejects-TMAC-Sale-to-Shandong-Gold-Mining
...more
(544)
•••
riverrrow
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Post by
riverrrow
on Dec 21, 2020 3:59pm
halted
And here I was thinking I should buy some more this morning but didn't. GLTA.
(90)
•••
templetooth2
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Post by
templetooth2
on Dec 04, 2020 11:14am
More Meng
Here's a good excerpt frrom WSJ: Negotiators for Ms. Meng and the Justice Department are speaking again this week in hopes of reaching agreement before the end of President Trump’s
...more
(90)
•••
templetooth2
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Post by
templetooth2
on Dec 04, 2020 10:36am
Meng Wanzhou negotiations
WSJ article this am reporting on ongoing negotiations between US Dept of Justice and Meng's lawyers which would allow for a deferred prosecution agreement. If agreement reached, solves the 2
...more
(16)
•••
15Stanmore
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Post by
15Stanmore
on Nov 30, 2020 2:33pm
Globe & Mail article worth a read
The Globe & Mail carried an interesting opinion piece regarding the SD Gold proposed take over of TMAC which supported the government overturning and preventing the sale from happening. A
...more
(16)
•••
15Stanmore
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Comment by
15Stanmore
on Nov 30, 2020 2:23pm
RE:RE:TMR - nice play for the Management.
The Board and senior management are the prime fiduciaries in this case and their first duty is, under Canadian corporate law, to represents the best interests of the Company. If they chose to defer to
...more
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