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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 edxon Feb 12, 2020 11:36pm
164 Views
Post# 30683405

RE:Yo snow: Suppose for the moment that

RE:Yo snow: Suppose for the moment that
Shermandrock1 wrote: Is the downdraft in price really the result of a 5% [90% minus 85%] shortfall in recovery? Really?


The sentiment is bad because it's not just one thing... there's been a pattern of things going wrong.

I've been watching TMAC for a little while now and I've been tempted to take a position several times... but I now think a significantly dilutive financing is the most likely outcome of the strategic review process. I'll re-assess taking a position after I see what that brings.


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