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Bullboard - Stock Discussion Forum 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... see more

TSX:TMR - Post Discussion

TMAC Resources Inc. > A new "trend started today"
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Post by Shermandrock1 on Jul 18, 2018 4:35pm

A new "trend started today"

Who was that wise guy who said "one day a trend does not make". I have to respectfully disagree. Yep, watch the volume. By now, the production and recovery results for June and the past quarter are known. The bean counters are now massaging the #s. We'll know NLT Aug 14, 2018. I have completed my full position and anticipate good results. Yep, notwithstanding that I know "nothing" nor do I know anyone in Nunavut, based on my read (interpretation of the NRs etc) I believe that the results will be favorable and that the dark cloud over TMAC will be lifted. My $0.02 for today. Besides, I think that I am the only one here. Sherm
Comment by snowshoedb on Jul 19, 2018 11:22am
You are not alone Sherm! I took a small position when they released their "transperency numbers) for May. I see a solid property with excellent exploration and development potential. It is rare for a single company to controll 100% on a regional scale. While the company has had significant operational problems. The new mgmt team has been taking steps to resolve these and they are bearing ...more  
Comment by Wineaux on Jul 19, 2018 7:07pm
Hey Sherm, we're all watching and waiting. My take is that the volume is way below average most days so that's keeping the price down. Analysit concenus is about $11 right now. BTW, your acroynms are sometimes tough to figure out! GLTAL
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