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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 TeamEddieon Aug 24, 2020 5:58pm
128 Views
Post# 31447843

RE:RE:RE:No other bids allowed at this stage

RE:RE:RE:No other bids allowed at this stage
schocor wrote: I don't believe the board is able to entertain competing bids at this time - and I believe the board has locked up their shares with the Sandong. Meaning the majority of shares outstanding are not able to consider your hypothetical $2.25 offer until the Shandong offer expires.



Yes and the deal will not expire until Feb 2021 
if a security review is announced it may not be approved by then 

[url=https://]https://nnsl.com/nunavut-news/federal-approval-of-chinese-takeover-of-hope-bay-hangs-in-the-balance/[/url]
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