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. > Agnico Eagle

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Post by domcolumba on Dec 29, 2020 12:12pm

Agnico Eagle

I have a hunch that Tmac will be bought out by Agnico Eagle.

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Comment by scurochiaro on Dec 29, 2020 1:22pm

What makes you think so?

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Comment by domcolumba on Dec 29, 2020 3:01pm

The Golden Eagle AEM has a number of mines in Nunavut already and they know how to operate in the far north. Very disciplined company and the best CEO in the mining industry.

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Comment by 15Stanmore on Dec 29, 2020 3:22pm

It would seem natural that Agnico Eagle would be a good fit as a new suitor for the TMAC Hope Bay project. They need a follow-on project for the Meadowbank mine which is at end of life - I believe there are 650 employees involved in that project in Nunavut and another near Rankin Inlet. Whoever is going to get involved is going to have to bid more than $1.75, so not hard to see why the shares ...more

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