Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Nextech3D.ai Announces First New Customer Win For its AI Powered Photography Studio (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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. > What are the existing reserves /resources???
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(45)
•••
Comment by 15Stanmoreon Jan 05, 2021 3:16pm
174 Views
Post# 32225717

RE:What are the existing reserves /resources???

RE:What are the existing reserves /resources???
miningman wrote: Or  more specifically,  how much is Agnico  paying per ounce???


Check out the TMAC website and the NI 43-101 detailed pre-feasibility study listed under the Investors tab.

Measured reserves 481,000 oz for $286.6 million calculates at $596 per ounce

Measured and indicated  5,173,000 for $286.6 million calculates at $55 per ounce

Measured, indicated and inferred  7,300,000 for $286.6 million calculates at $39 per ounce

So, you tell me miningman, is Agnico Eagle getting a good deal at $286.6 million or not?

Cheers,

S
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities