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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 Robfrodon Apr 25, 2019 5:17pm
65 Views
Post# 29671800

RE:AGB vs TMR

RE:AGB vs TMRI own both companies and am a big fan of AGB because of their execution.  Low costs, using simple proven design, not biting off more than they can chew. The drawback with them is their lack of reserves. (low risk, less upside)

TMR is the opposite, world class deposit with huge exploration potential but high costs and terrible execution (everyone in the mining world saw the plant issues coming when they saw the Gekko design...).  However, the gold is in the ground and eventually someone will be able to mine and process it efficiently.  (higher risk, higher reward)
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