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

Sign In

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

or

Please Try Again {{ error }}

Send my password

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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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. > Another voice wandering in the wilderness folks:
View:
Post by Shermandrock1 on Feb 25, 2019 10:57am

Another voice wandering in the wilderness folks:

It appears that the promised improvements have shifted to forward quarters.....again. Additional patience will be required. IMO, the prospects are still bright. There is too much brain-power and focus on the matters at hand to not succeed. The "value" of TMAC that will eventually be realized is 1) the location - stable 2) mineralization - it is unknown exactly how much gold that there may be in the ground under their control 3) Newmont is under siege from Barrick. Historically, in cases of unwanted overtures, a company will bulk up making themselves too big to buy. Heck, a 1/2 Billion here, a 1/2 Billion there and pretty soon you are talking real money. Soooo.....buyout by Newmont......odds are very low but we are already in uncharted territory. 4) The capital raise requires TMAC to drill their butts off in 2019. A new deposit or two would be a welcome addition. 5) Jason is not a miner and was likely brought in to "spiff" up the company for sale. Look at his background. Just my $0.02 for today.
Comment by snowshoedb on Feb 25, 2019 1:12pm
The company has 1 asset, 1 mine, 1 property... There is nothing really to slit up unless they start optioning off portions of the regional land holdings. I cant see that the significant shareholders would be in favour of doing that. The company has bright prospects if they could just solve this pesky/persistent recovery issue. 
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities