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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 12:13pm
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Post# 30534917

RE:RE:RE:RE:RE:TMAC = Titanic?

RE:RE:RE:RE:RE:TMAC = Titanic?Thanks. I just googled "pig in a poke", learn something every day.

I suspect if another party believes they can solve recoveries they'd be a buyer.  But yeah, debt is a ticking clock and I agree with the rest. 

There are other issues aside from recoveries, (ie. sufficient working faces etc), but it just seems as if the mine might not be run by the most competent operators. 

My thinking now is that with MacGibbon gone maybe they get some more competent people in there.  


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