Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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. > TMAC Trading
View:
Post by 15Stanmore on Dec 23, 2020 11:11am

TMAC Trading

So about 4 million shares changed hands yesterday at an average weighted price of $1.16, with the low at $1.05 and the high 1t $1.32.

So far today just under 500,000 shares at a weighted average price of $1.27, currently bid/ask at $1.34/$1.35.

For those investors who bailed out at under $1.10 yesterday, too bad so sad, and for thse who bought in under $1.10 yesterday, it must be really  nice sitting on your one day 20% plus return - good for having the conviction to see the true value in this opportunity.

I wonder how long management will wait before announcing the good news of Plan B. Clearly a good number of investors are buying in ahead of whatever the announcement might be, IMHO.
Comment by bukobucks on Dec 23, 2020 11:32am
Even in a lower gold price environment, a shrewd offer of $1.75 was on the table. That should be the floor, they have worked through some operational issues since then. Under a normal environment, this is a 4-500 million market cap company. My opinion only. Buko
Comment by NiN777 on Dec 24, 2020 11:29am
I backed up the truck st 1.10$ Thank god I was sitting on my couch when my bro told me to look up the strong bids the next two days. I rebalanced my portfolio with some other stocks just for the sake of rebalancibf because I had so heavily shifted on TMR on that shandong news dump. Nothing says Shandong doesnt dump morr and crater the shares again.
Comment by 15Stanmore on Dec 24, 2020 12:43pm
If I was the CFO at Shandong with my recently purchased 12 million shares at 1.75 cost I would not be dumping them into the market at this time. While the Canadian goverment might have crushed my bid, I have months or research from ahead of the bid, and 7 months as owner in waiting information to know the true worth of this mine and Company. Why would I crystalize a 25% loss when a new offer from ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities