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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 Wineauxon Mar 22, 2019 4:54am
101 Views
Post# 29521327

Who is selling? Are the plant mods complete?

Who is selling? Are the plant mods complete? Is it people who got in at the recent $4.25 financing and are happy with a 10% return? Otherwise didn't every 'regular' shareholder buy the stock at a price higher than were it's trading today? Long term story remains largely the same. Analyst target prices are still around $8. What's the catalyst to sell now? Is it a lower probablity of acquistion in today's market? Any insight would be appreciated. 

Any update on the surge bins? Are the plant mods finally complete? 

Very happy with their recent hire which will help with shareholder awareness. 

Hopefully some solidification and upward movement after 1Q19 results in April. Although it's probalby going to remain volatile until after 2Q19 results are announced in July with 2Q19 being the first clean quarter for the plant. 

I'm long on this stock but I'm puzzled by the selling right now. 
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