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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 Shermandrock1on Jun 18, 2018 4:33pm
103 Views
Post# 28188186

RE:TMAC - Cash Flow Turning

RE:TMAC - Cash Flow TurningWelcome snowshoedb: 1) Good choice 2) Spot on with the analysis 3) These folks have recently hired some learned folks as it relates to recoveries. Seems to be working. 4) Ramping, ramping, ramping 5) Q2 bottom line may not be as stellar as we'd like [ new hires costs, tweaking costs, tempered by decreased financing, higher earnings on cash (minimal though), higher recoveries & more thruput ]. At some point, I will create a model and pretend that I can predict where the earnings will come out at.
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