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

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TMAC Resources Inc. > Initial reaction

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Post by templetooth2 on Mar 06, 2020 10:06am

Initial reaction

I'm very disappointed. They tell us on MARCH 6 that they had significant downtime?

Begs the age-old question: what did they know and when did they know it?

This release solidifies (in my opinion) the likelihood of the Third Annual Sealift Financing - much more equity required.

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Comment by asforecasts on Mar 06, 2020 11:27am

Diamond drilling in Doris Central unleashed Doris Lake above. Wow. Spacklers are now coming online to patch up. Can't make this stuff up. From the release: Production came from the Doris BTD East Limb and Extension zones as well as the Doris Connector. So other Doris and Naartok East (Madrid) should be able to provide 1900tpd to the plant. Doris Central was ...more

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TMAC Resources Inc.