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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 Oct 17, 2019 2:51pm
187 Views
Post# 30241035

Potential - Huge or more modest

Potential - Huge or more modest
 
Snowshoe's point: 
"I hope they can turn this ship around because the property/project has huge potential if operations can hit design plan."

I would observe that if they can't hit the plan, "they" will be gone. Newmont and the fund will sell to the first wallet that shows a pulse. Whether the company does poorly or well will determine about a dollar difference in ultimate takeover price per share, but probably not much more than that.

IMHO.
 
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