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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 templetooth2on May 01, 2019 6:14pm
81 Views
Post# 29697597

Getting there

Getting there
Q1 earnings were $7.2 million Cdn, and even though $3.2 million came from foreign exchange benefit, that is one heck of a lot better than a loss!

So, pretty decent numbers at 1610 tons per day and 84% recovery. Beyond the 90% "dream", getting up to 2000 t/d will also be something to look forward to.

About time we had some undiluted very good news. Robert Mondavi and I might get together for a "mining conference" this evening.
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