TMAC Resources Inc. T.TMR

Vociferous pumping

[Shermandrock1]

Last week's NR related to the anticipated issuance of the Type A Water License in March 2019 and the cash raise of $90M CAD suggest to me that we should be hearing soon about orders placed for equipment and infrastructure related to the build out of Madrid. Given the short-window sea-lift, all of this stuff needs to be purchased, staged and loaded logically and sequentially. It makes no sense to apply half an measure to these activities. Now that they have sufficient cash for down payments and carrying costs, purchase orders are likely being issued, equipment being staged and plans laid for the earthworks and preliminary infrastructure. This is of course my uninformed opinion based solely on what I would be doing if I were CEO. Just my $0.01. Sherm

[snowshoedb]

hi Sherm: I think the 90 million will be used to mitigate the negative cash drain caused by the Quarterly payments of $6.5 million that started Oct 1/18 and to make the $30 Million due Jan on Jan 31. The 90 million was raised to ensure TMR did'nt default on its debt obligations. But you are correct that if a case can be made to generate additional cash by increasing production from the

[MarcEliss]

I think that finally my patience is paying off.  The Gekko disaster is in the past and there seems to be some management who know what they are doing with the Diversity policies of employing non-technical incompetent female in leadership position they are not qualified for consigned to the affirmative action dustbin. Waiting for the new quarter results and hopefully break even