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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 Wineauxon Feb 24, 2020 4:56pm
180 Views
Post# 30727949

RE:RE:The trading in TMAC is counterintuitive

RE:RE:The trading in TMAC is counterintuitiveI forgot to add that at this pace, the BlackRock selling may likely end close to the same time that they announce their 1Q20 production numbers in mid-April.

I'm on the record stating that the 1Q20 numbers should be a blow-out with the highest gold prices, best throughput, highest recovery rates and highest input grades possible with this plant. If you were CEO of this company would you not be doing the same? Having a stellar quarter would generate a ton of cash, silence the critics and be the first of several 'good' quarters needed to right this stock.

With these two events overlapping I'm looking for this stock to get back to the pre-BlackRock sell off level, or higher, sometime in 1H20. 
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