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. > BlackRock has sold over 8 million shares the past 11 months

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Post by LithInvestoron Feb 26, 2020 2:18pm

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Post# 30736709

BlackRock has sold over 8 million shares the past 11 months

As a poster on ceo.ca has discovered, the constant selling lately is due to BlackRock liquidating their position. They have only around 7 million shares now at this point and less every day. If I was TMAC I would be contacting the fund manager asap to see if I could intervene somehow. Or maybe BlackRock is ultimately involved in a large sale of this project and wants it cheaper?

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