Bullboard - Stock Discussion Forum TMAC Resources Inc. T.TMR

Metals & Mining Industrial Metals & Minerals

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

Add To Watchlist

TSX:TMR - Post Discussion

TMAC Resources Inc. > SOON

View:

Post by templetooth2 on Jan 20, 2020 9:31am

SOON

Very difficult to see how TMAC commands a "premium" bid in a no-premium M&A world.

A buyer would also have to plunk down a quarter billion $ (or more, but just a ballpark guess) to build another mill.

The only bright spot is this pain will end SOON.

151

Comment

Comment by MatthewZy on Jan 20, 2020 10:19am

I don't see any or much of a premium on a bid either. Probably all share bid by another mid-size producer -- Mcap is around 350M + ~150M of debt + the acquirer is going to need to sink a bunch of capex into ops.

146

Comment

TMAC Resources Inc.