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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 Feb 11, 2020 1:29pm
191 Views
Post# 30675135

Hey River: Nope, not saying that at all.

Hey River: Nope, not saying that at all. No one from TMAC management has ever contacted, nor will ever contact, me to discuss their plans. However, what I am saying is that "the big 3" hired a salesman to do a miner's job. The TMAC story is a great parallel to the farmer who had the golden goose. Rather than being satisfied with periodic golden eggs, wanting them all, in his impatience decapitated the goose. Sorta like piling up the debt levels, eh? What I am saying is that it is 1) time to return the attention to the business of mining what it is known is at Doris and Madrid and 2) streamline the organization by cutting all personnel not closely associated with the mission of mining 3) replace non-mining personnel with talented / accomplished miners. What is the rush? Gold does not evaporate and, there is a strong likelihood that the coming unsustainable world debt, money printing party will eventually come to an end. Who here thinks that the "normal" of the world would rather hold worthless paper over real money? Yep, it is a question of "when" the value of Hope Bay will be unlocked versus "if".
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