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

Add To Watchlist

TSX:TMR - Post Discussion

TMAC Resources Inc. > TMAC trading post announcement

View:

Post by 15Stanmore on Dec 22, 2020 9:53am

TMAC trading post announcement

TMAC has traded as low as $1.05, but has been steadily recovering - now at $1.09-$1.10.

Likely many shareholders just getting the news and trying to digest what it all means. Would be helpful if TMAC would issue a more detailed news release on next steps.

In any event, the sell off is not unexpected, and we will have to wait for any emerging Plan B alternatives.

269

Comment

Comment by Ridgeback on Dec 22, 2020 11:24am

Here's an update from TD. I'm not a shareholder but have watched TMAC and I was skeptical about the Chinese being allowed to takeover. No wonder given the political friction. The good news is this could be a good buying opportunity for investors or something else takes place? Regards! TMAC Resources Inc. (TMR-T) C$1.30 Sale to Shandong Gold Rejected by Canadian Government Steven Green ...more

176

Comment

TMAC Resources Inc.