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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 Sep 19, 2018 6:01pm
132 Views
Post# 28651057

The offering of $90M is a good development

The offering of $90M is a good development $57 will be used to pay down debt. Swap equity for debt any day of the week. Will make for a better looking balance sheet. 

Will save millions in interest.

Another $15 for exploration.

large shareholders and management taking up 75% of offering.

yep, dilution. However, there are more ounces to be found. The sooner, the better.

Just my $0.00002. Sherm
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