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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

Comment by Wineauxon Jan 10, 2020 4:26pm
115 Views
Post# 30540497

RE:RE:It seems to me that most folks here are focusing

RE:RE:It seems to me that most folks here are focusingBut the cash flow in Q3 includes their annual sealift which knocks everything out of whack with respect to cash flow. Are you factoring that in SnowShoeDB? I haven't seen this cash flow concern crop up on any analysts reports. In additioin, if they are pumping through very high grade ore from the BTD Extension in 1Q20, even with an 87% or 88% recovery rate, they will be generating a lot of cash. 
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