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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 Jan 20, 2020 9:31am
151 Views
Post# 30572701

SOON

SOON
Very difficult to see how TMAC commands a "premium" bid in a no-premium M&A world.

A buyer would also have to plunk down a quarter billion $ (or more, but just a ballpark guess) to build another mill.

The only bright spot is this pain will end SOON.
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