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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TSX:TMR - Post Discussion

TMAC Resources Inc. > I really thought...

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Post by NiN777 on Oct 14, 2020 6:13pm

I really thought...

Torex or Agnico would put a competing offer.

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Comment by TeamEddie on Oct 14, 2020 9:19pm

that is because you do not understand the project needs up to $1Billion and even then it is iffy

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Comment by josedelavega on Oct 15, 2020 5:56am

great numbers out yesterday even the covid cases - well managed not running out of ore minimum late 2021 !! (I expect way longer even without big spending) I do see here a great chance if the deal will not go through... still a big disappointment how the chinese were able to snap away this great asset - canadian/us miners have not taken the chance here - instead they spent ...more

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Comment by 15Stanmore on Oct 16, 2020 1:03pm

As soon as the SD Gold bid was in play, it was essentially pointless for any other interested company to incur the significant costs of putting together and submitting a competitive bid. Any reasonable bid would have been instantly matched by SD Gold who were clearly prepared to pay what ever was a fair price for the project. The fact they bought it for $1.75 share when preliminary discussions had ...more

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TMAC Resources Inc.