TMAC Resources Inc. T.TMR

TMR - nice play for the Management.

[Goldtrader]

These are clear signs for me why the management wants to stick with this bad deal. They benefit at our expense and are honored with millions of bonuses. That's the way it works with such deals. The shareholders are the cheated ones in this game.

[15Stanmore]

Hello Goldtrader. Assuming what you say is true, with the Board and senior management prepared to ignore their fiduciary duties, then they will likely agree to an extension to the February 8, 2021 drop dead date without any additional compensation to existing shareholders. Given the 6 month delay in the receipt of the $1.75 promised, there needs to be some recognition of the opportunity cost we

[schocor]

I think Newmont is driving the bus on these decisions because 1> They own the majority of the shares. Management? They are dictating the terms or even meeting with relevant parties when it come to making a deal to sell this company.

[15Stanmore]

The Board and senior management are the prime fiduciaries in this case and their first duty is, under Canadian corporate law, to represents the best interests of the Company. If they chose to defer to the whims and directions of the largest or controlling shareholder they expose themselves to personal liability for their failure to act in the best interests of the Comapny. Yes, Newmont will