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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 Sep 05, 2019 12:12pm
84 Views
Post# 30098506

Hey snowshoe: I agree with Wineaux on this matter

Hey snowshoe: I agree with Wineaux on this matterTo the extent that they are presenting, they cannot provide any information to one group without providing it to all. If you read the transcript, one individual when asked for a post June 30 update asserted " without giving away the quarter", ............ [paraphrasing here based on my hearing this on CC]. That, to me, is a sign that they are well aware of not revealing information to one group and not all. However, IMO, it just makes sense to issue a NR given that there were remedies in process to repair the maladies that resulted in the less than stellar performance in Q2. Lastly, a wise investor once suggested that "volume precedes price". Check out the recent volume. Once they sound the all clear bell on the recoveries, there should be considerable interest in a long-lived project in a mining friendly jurisdiction with multiple indications of yet-to-be discovered ounces. Yep, I see $10 as a starting price. Sherm. Just my $0.015
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