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Timmins Gold Corp T.TMM

"Timmins Gold Corp is engaged in acquiring, exploring, developing and operating mineral resource properties in Mexico. It owns and operates the San Francisco open pit and Ana Paula gold project in Guerrero and the Caballo Blanco gold project in Veracruz."


TSX:TMM - Post by User

Bullboard Posts
Post by greyman1on Nov 08, 2009 10:23pm
748 Views
Post# 16466019

split the difference 90,000 x 700

split the difference 90,000 x 700$63 milllion at today's price divided by 114 million shares. remember $412 includews admin costs = .55 per share. you assign the multiple. eric sprott said the only stocks that would command a 10 x multiplewould be gold producers, mind you that was earlier this year on the BNN bear attack special . the funny thing is when i listen to sprott who only wanted to own gold and short the rest of the market, grandich who is waiting for DOW 10500 - 11000 so he can short the market and a bunch of other who see trouble comming after this next leg up i start to think maybe eric had it right but was a little early.for anyone who has not seen the clip here is the link

https://www.bnn.ca/8430.html
Bullboard Posts