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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. > T-Mac NSR royalty and debt put a lid on NAV
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Post by NiN777 on Jun 16, 2020 9:45am

T-Mac NSR royalty and debt put a lid on NAV

Yes TMAC's potential in the next 10-30 years is immense but will need capital and good operator which both DOES NOT HAVE!!

What really puzzling me is how Newmont has iddled and let their investments go to waste, they're the big losers here, it seems that when they gobbled Gold Corp they foundout that they have bigger fish to fry ( Penasquito tailing dam ticking bomb).
Comment by 15Stanmore on Jun 16, 2020 12:26pm
Hello Nin777, I agree too many investors are focused on short term gains, and do not have the patience to take the longer term view, which is essential for developing a resource such as the one currently owned by TMAC. I believe the Chinese investor is more prepared to work for the longer term, which is clearly what TMAC needs right now. Having also followed the Guyana Goldfields takeover, I ...more  
Comment by NiN777 on Jun 16, 2020 2:23pm
I sold all my holdings in Feb because I was thinking a full blown 80's deflation was in the cards. I used to own Guy for about 4 months but sold on a pop around 80 cents cant recall the date. I believe the Chinese are overpaying for GUY because the data cant be trusted; management has been...unreliable, to stay polite. But it's very telling where gold price is heading when Zijin and ...more  
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