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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 Sep 13, 2019 9:16pm
108 Views
Post# 30126033

No Good News on Horizon

No Good News on Horizon
Everyone knows that good news is shouted to the rooftops. There was no shouting at the Beaver Creek conference and I would expect the same message at Denver on Tuesday the 17th, 4:30 PM.

These slots would have been booked a LONG time ago, and unfortunately, there's no thunder to trumpet. Call me short-sighted and impatient, but I am beginning to view this as a serial disappointer situation. The company has NEVER been able to make any serious debt repayments and though this might change, there is no reasonable expectation of this occuring until at least Q1 2020. That news will be released about early May, NEXT YEAR. AT THE EARLIEST!!!

Suggestion: Tune in to the Denver webcast, review the Beaver Creek stuff as well. It's not as though there's a shortage of intriguing gold investments out there. But TMAC is NOT one of them, at least not yet.
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