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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

Post by Shermandrock1on Jun 07, 2018 9:52am
145 Views
Post# 28138662

Folks: It will not be long until TMAC reports

Folks: It will not be long until TMAC reports on the May recoveries. I would imagine Monday/Tuesday/Wednesday next week. With all of the attention, efforts and experts being brought to bear on this issue, does anyone think that it will not be successful? In the long run, does it really matter that optimization has been delayed by 3, 4 or 5 quarters when viewed against the reserves, resources and as yet unknown potential. The objective in this investing game is to buy low and sell high. Simple, eh? All one has to do is to figure out if the current price is low or high. Check out the recent volume since it bottomed not long ago. It seems to me that some folks are of the opinion that the price is low. As for me, the 76% recovery rate is 82.5% of planned (76% / 92%). The last NR suggested that the addition of the latest piece of equipment in late April had a measurable effect on recoveries for the short time that it was implemented. Now that it has been in place for an entire month and, TMAC asserted that they would report on May results, my optimism that the results will continue their upward trajectory have caused be to accumulate shares at these levels. Just my $0.02 thoughts for the day. Sherm
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