TMAC Resources Inc. T.TMR

Management shakeup

[MatthewZy]

Management at TMR needs a complete shakeup and here is why:  

Anyone who fails as badly at their jobs as TMR management, should not be compensated.     
And herein lies the big issue with TMR. Not only do they get paid, they get paid ~3x more than their peers - at least the ones I looked at.  

From the TMR 2018 annual report: 
Total compensation of key management personnel of $12.8M (excluding the $0.5M for directors fees)

Compare this to say Roxgold total 2018 mgt comp of $3.87M, Wesdome total 2108 mgt comp of $5.13M, Teranga total 2018 mgt comp $4.0M.. 

I didn't cherry pick here. I just picked 3 junior producers off the top of my head.

[MatthewZy]

And another thing. If you think overpaying at TMR stops with managment, you're probably wrong.  Just my 2 cents of course. 

[MatthewZy]

Here are some more examples:  Torex $8.0M total management comp. (producing considerably more ~400+koz)  Semafo $4.28M total mgt comp. (higher production) ...and these are profitable and apparently well run companies  So far its only B2Gold at $14.33M total comp (including compensation to directors) which has  TMAC's $13.3M (including directors) compensation beat

[dorebull]

I couldn’t agree more. TMR mgmt over compensated and still hasn’t delivered on expectations. But what can we do about it?!