Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Feb 24, 2020 2:03pm
153 Views
Post# 30727054

RE:The trading in TMAC is counterintuitive

RE:The trading in TMAC is counterintuitiveSherm,

I've signed up for a free MorningStar account late last year and through that you can see the monthly level of selling (and buying) from different funds and institutions. I've been attempting to keep snapshots each month end. I cannot vouch for the accuracy of these reports, but in January alone BlackRock funds sold about 1.2M shares, Sentry 640K and Schroder 340K shares. There were similar levels of selling in December and November from BlackRock. It appears that BlackRock has been selling about one million shares a month into the markets since July. Until they have completely liquidated their 13M? shares this stock is going to be under serious pressure. 

https://www.morningstar.ca/ca/report/stocks/ownership.aspx?t=0P00016CLT

Perhaps someone else on this board has access to more accurate information? 

<< Previous
Bullboard Posts
Next >>