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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

Post by 15Stanmoreon Aug 28, 2020 6:45pm
247 Views
Post# 31474014

TMAC needs the capital and China is happy to supply it

TMAC needs the capital and China is happy to supply itThe economy around Hope Bay is dependent on TMACs continuing operation. This needs $100's of millions in new capital. SD Gold is prepared to provide the capital. If they do not, and no other non-Chinese investor steps forward withan alternative bid, the economy shuts down, plain and simple.

Let's get the Chinese investment into the ground at Hope Bay, and then keep a watchful eye out for anything other than trying to get gold out of the frozen actic ground.

Canadians are at far more risk from the impact of Justin Treadeau's uncontrolled actions than from anything teh Chinese could do at Hope Bay - if you want a security review, let's have the RCMP and CSIS get to the bottom of Justin's recent conflict of interest issues.




 
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