Post by
dorebull on Sep 11, 2019 2:24pm
No news
is not good news. Poor performance and missed milestones has been the norm for this company. If there were improvements with plant recoveries or mine production we would have heard about it. Gold prices surging and yet share price languishing so there would be no reason not to provide an update unless there was no progress. Don’t expect Q3 results to be released until the final date required by securities. Do expect more excuses, smoke and mirrors, empty promises, etc... The company executives have been dumping stock.
Comment by
Wineaux on Sep 11, 2019 3:19pm
I don't see them dumping stock, but I do see about 600,000 options that mautured at the very end of August and were sold into the market for very modest gains. I'm no expert, but the selling of the 600,000 'new' shares would cause a decrease in price. In good news, I believe the company raised about $3M. https://www.baystreet.ca/quotedata/TMR-CA/insiders/