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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 Nov 04, 2019 11:52am
131 Views
Post# 30305724

Yo snowshoe... Why now?

Yo snowshoe... Why now?1) Buy low.....When all of the problems/events/issues have been solved the cost will likely rise. 2) Some of us here have been pummeled quarter after quarter. Many are likely to accept whatever offer is made just to put this behind them 3) If I were the CEO of a company who has faced adversity in the past, I may have an elevated sense of accomplishment and believe that he can solve all 4) there will be no cash crunch. Exploration and expansion is discretionary. 5) These folks are not dopes. The fact that they are evaluating alternative mining plans and, likely discussing a "conventional" mill lead me to believe that the cost to acquire will only rise as the project is derisked. 6) The entire project has not yet been explored. It is likely that there are additional deposits that, when discovered, will cause the acquisition price to rise. 7) Agnico's share price has had a nice run. In relative, and unfortunately real terms, TMAC is considerably less expensive than it was 8) To prevent others from gaining a foothold in Nunavut. 9) ELU. Is it possible that the ground nearby underwent a volcanic activities that did not impact the adjacent area? 10) All in all, as a pretend CEO of a potential acquirer I would seek to make an acquisition when the price reflected diminished prospects and the current shareholders are fatigued. Just my uninformed opinion. Sherm Rah! Rah! Rah!
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