Agnico’s (AEM-T) experience with Metal Bank has got the market more comfortable with operating in northern environments. This project was over spec’d in terms of size and over capitalized by Newmont. The company has a very credible management team. Fully financed and on target to get the project built by 2018. It will be a brand-new gold producer in northern Canada, which we haven’t seen in the juniors for a long time.
TMAC Resources Inc. is a Canadian stock, trading under the symbol TMR-T on the Toronto Stock Exchange (TMR-CT). It is usually referred to as TSX:TMR or TMR-T
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In the last year, there was no coverage of TMAC Resources Inc. published on Stockchase.
On 2021-02-03, TMAC Resources Inc. (TMR-T) stock closed at a price of $2.2.
Their project near the coast of Nunavut has run into issues with the metallurgy. The process they've used hasn't worked. Until they turn this around, the deposit is in trouble.