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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
Comment by BREAKMAN1010on Feb 08, 2010 4:32pm
226 Views
Post# 16763948

RE: RE: RE: All over the board

RE: RE: RE: All over the boardYa ole beer break believes anything he one of those guys who sits on the fence and cheers for the team thats winning everytime im sure he has made lots of money in these markets oppds beer break ,maybe u should start studing the markets and stop trading stocks ----------Original Message Posted 2/8/2010 2:44:13 PM---------- Ok let's say gold drops to $820....TMM stil makes a minium of 30 million net profit per annum (at production cost of $412/oz and 80,000 oz/annum)....thats an EPS of 20 cents (assuming 150 million shares fully diluted)....so you are guessing that a producing junior would only have a P/E of 2 (based on a SP of 40 cents)....likely?
Bullboard Posts