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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 redcoatson Dec 21, 2020 9:33pm
188 Views
Post# 32158516

RE:Government of Canada rejects sale

RE:Government of Canada rejects saleFinally a bit of sanity. Now I hope gold prices continue up, and management gets down to finding economically viable solutions to long term survival and profitability. Looks like they've already been doing it, if they don't get caught in the time crunch. One very, very, positive side effect, is that they certainly have the governments attention, so perhaps they also have it's ear for potential assistance. I can't imagine the the government throwing the company and the community to the wolves after rejecting the takeover. If they did, there's going to be a lot of heat, even if it is Winter in the North.
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