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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 TraderDadon Dec 09, 2010 12:48pm
472 Views
Post# 17824325

keep accumulating TMM on any dips

keep accumulating TMM on any dipsStock is dirt cheap if you look at forward 2011 EPS,  price of gold, and the massive exploration potential.   I also like management , and the relatively low float (I think approx 50% is owned by institutions and insiders). 

Stock will need news to pierce $2.50 imo.  (200K shares on the ASK right now from $2.42 - $2.50))   Lots of sellers lined up if you look into level II , but bid is weak.   I would be pleasantly surprised if stock holds above $2.40 today.

That all said, thats just the day traders.    Into 2011, this stock will be fetching north of $4 imo.
Bullboard Posts

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