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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


TSX:TMR - Post by User

TMAC Resources Inc. > Gold back over $1900 US
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Comment by leo101on Dec 30, 2020 9:14pm
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Post# 32200961

RE:Gold back over $1900 US

RE:Gold back over $1900 US
bukobucks wrote:

This operation is a cash cow at these gold prices, they produced around 40,000 ounces in some quarters in the past. Get the mine operating like a Swiss watch and I think they would even crush those numbers based on the high grade and decent recovery rate. Their debt/shortfall could easily be managed. Minor dilution wouldn't hurt my feelings to get rid of the debt. Everyone understands the potential, so basically it boils down to execution. The government was right to reject that lowball  attempt to grab this asset. Just my opinions/thoughts.

Buko
 

 


i think the chinese had a hidden agenda.  they were going to tunnel to vancouver and rescue their huawie executive but justin was one step ahead of them.
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