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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. > Au is up $16USD to $1,416USD
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Post by Shermandrock1 on Jun 24, 2019 11:48am

Au is up $16USD to $1,416USD

Why is TMAC trading as if Au were down? Did the drills break? Did the miners down their tools? Did the plant implode? Are they only recovering 85%. Polar heat wave? Anyone?
Comment by Robfrod on Jun 25, 2019 12:55pm
The 'rumors' I have heard is plant improvements are still ongoing and hovering in the 82-88% recovery range but they have had some good grades and should meet/exceed production guidance.