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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. > 13cents per share profit per 1/4
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Post by Craz1357 on Dec 22, 2020 3:52pm

13cents per share profit per 1/4

What am I missing we had an offer for 1.75 per share from Chinese buss they don't get any shrewder then them we may have another suitor in the wings along with 100 mill in the kitty
hello let me in the info
Comment by bukobucks on Dec 22, 2020 4:19pm
Yeah, the gold price was about $200 US lower also at the time of that lowball offer. The current debt should easily be managed in this loose low interest environment, the grades they put through that mill are high and they haven't been running it anywhere near capacity. I see plenty of upside especially if they can keep ore in front of that mill and reliability. Buko
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