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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 Jan 30, 2019 2:21pm
79 Views
Post# 29297590

Interesting trading today.....

Interesting trading today.....At 11:30ish, someone dumped 82K shares. At the inception of the dump, the price appears to be $6.58ish and at the conclusion of the dump, the price was $6.48ish. Sorry about the imprecision, I am interpolating using "big charts". That said, while it is true that someone dumped 82K shares, someone else (wish it were me) is now the proud owner of 82K shares. I have heard it said that there are a multitude of reasons for selling but, there is only one reason for buying and, hat is the expectation of earning a return. Someone just plunked (technical accounting term) down $531K CAD to own TMR. Yep, IMO, not a small sum. Just my $0.02USD. Sherm.
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