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

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TMAC Resources Inc. > Reality: the fact that you didn't get a buyout announcement,

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Comment by riverrrowon Feb 18, 2020 9:29pm

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Post# 30705928

RE:RE:RE:Reality: the fact that you didn't get a buyout announcement,

Gold is now trading at $1600 US which is about 10% higher than what TMR sold their gold for in quarter ended Sept. 30. If gold should happen to stay above $1600 that should more than make up for any gold recovery shortfall. The opportunity to buy TMR on the cheap may have passed. Nevertheless I couldn't resist selling some TMR shares to raise some funds to buy into a company with more buzz. GLTA.

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