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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 Feb 25, 2019 10:57am
90 Views
Post# 29408838

Another voice wandering in the wilderness folks:

Another voice wandering in the wilderness folks:It appears that the promised improvements have shifted to forward quarters.....again. Additional patience will be required. IMO, the prospects are still bright. There is too much brain-power and focus on the matters at hand to not succeed. The "value" of TMAC that will eventually be realized is 1) the location - stable 2) mineralization - it is unknown exactly how much gold that there may be in the ground under their control 3) Newmont is under siege from Barrick. Historically, in cases of unwanted overtures, a company will bulk up making themselves too big to buy. Heck, a 1/2 Billion here, a 1/2 Billion there and pretty soon you are talking real money. Soooo.....buyout by Newmont......odds are very low but we are already in uncharted territory. 4) The capital raise requires TMAC to drill their butts off in 2019. A new deposit or two would be a welcome addition. 5) Jason is not a miner and was likely brought in to "spiff" up the company for sale. Look at his background. Just my $0.02 for today.
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