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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 BREAKMAN1010on Aug 23, 2010 1:36pm
297 Views
Post# 17375212

TMM quoted value in CDN Dominations

TMM quoted value in CDN DominationsTMM has a current value of of $3.05 per share. The stop loss as i said before would be around 1.55 Today s value is 1.70 or so first support would be 1.65 then 1.60 then 1.55 ..Thats my take on timmins ..The value of a stock is by forcasted earning per share and the mining price for recovery and i think i rated it at 415 or so which is pretty good So thats a far cry off from the 1.70 were at right now What we have to put up with along the way is insiders big institutions selling there options warrents and taking profit and minipulating and shorts bottom line Dont need to follow this every tick by tick if so they might get you too sell so they could pick up cheap shares Hope this helps some of yous understand a little more of y the price jumps when ever hang tight and youll be rewarded..The american debt problem will devalue there currency sooner or later prob sooner which means gold will grow in value ,actually most commoditys ,The world population is growing and growing they need to eat and are resourses are getting harder to come by so if you get the picture start buying consumer oil gold potash etc ..The stock price will never keep going up .it always comes back down and the market runs in cycles and this isnt even the gold cycle yet but soon .... there starting to be alot of takeover bids going on and china is one of them buying and they sit on a mountain of cash ..Brazil as well both great buys for any porfolio just buy on weakness .and watch charts for support and resistance point to get a idea of buying points etc GLTA and even you Laid back JMO
Bullboard Posts