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TMAC Resources Inc. T.TMR

Metals & Mining Industrial Metals & Minerals
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

TMAC Resources Inc. > TMAC = Titanic?
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Comment by MatthewZyon Jan 09, 2020 10:17am
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Post# 30534223

RE:RE:RE:TMAC = Titanic?

RE:RE:RE:TMAC = Titanic?Agree, looks very oversold which is why I took a small position.  The debt overhang is why I wouldn't commit more. At $3 it appears cheap - I can't believe how expensive this was in 2016-2017 @ $15-20.

I would expect other miners would be kicking the tires, maybe someone like Kirkland Lake, who's management seem to be able to optimize operations. Thoughts?   



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