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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. > TMAC Presentation: New stuff here?
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Post by Shermandrock1 on Jul 28, 2018 1:06pm

TMAC Presentation: New stuff here?

Folks: Take a look at slides 10, 11, 12, 14 & 27. These seem new to me. My imagination? Slide 11 is particularly interesting. Concrete examples of action items being implemented to improve results. Slide 12 shows 16,217 ounces produced in April & May versus 18,832 in Q1 ended March. It is safe to say that Q2 will exceed Q1 by a wide margin. However, with all of those changeouts on slide 12, will the downtime have an adverse effect? Who knows. Slide 14 shows the location of the recent drill holes. Does not look like the finds were included in any of the oz inventories. In any event, the presentation bolsters my understanding of their business and demonstrates that the newly arrived folks are moving at light speed to tweak "the system" to extract more gold. Yep, I like the sound of that. Just my $0.02 for today. Sherm
Comment by Wineaux on Jul 29, 2018 8:18am
Sherm, are you referring to the 1Q18 presentation on their website or have you found something new? Please provide a link. 
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