TMAC Resources: Stock’s Positive Performance Post-Dissolution of Takeover Agreement May Be Telling
On December 21, Canada’s government rejected the sale of TMAC Resources (TSX: TMR), a gold mining company operating the Hope Bay gold mining project in Nunavut, to China’s Shandong Gold Mining Co., citing the need to “safeguard national security.” While not explicitly stated, poor relations between the two countries’ governments in the aftermath of Canada’s 2018 … Continue reading TMAC Resources: Stock’s Positive Performance Post-Dissolution of Takeover Agreement May Be Telling
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