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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

Comment by ML_Geoon Nov 23, 2017 4:52pm
143 Views
Post# 27021992

RE:RE:RE:RE:RE:Gekko’s Gold Ore Treatment Plants

RE:RE:RE:RE:RE:Gekko’s Gold Ore Treatment PlantsUnderstandably it is hard to defend a mill that has been struggling for several quarters but every project is diffferent with unique challenges. These mills have a lot of moving parts and require systematic troubleshooting which takes time.

TMAC has a strong management with proven mine finders/developers and I am certain they will work through the issues and improve the recoveries. The 3 problematic items mentioned in the Q3 call are being addressed and should result in significant improvements in both the mills mechanical availability and overall gold recoveries. 
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