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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 morriconeon Nov 10, 2011 2:00pm
288 Views
Post# 19227113

RE: Why doesn't TMM take a run at KBR???

RE: Why doesn't TMM take a run at KBR???I don't really see what KBR would do for us. They're years away from any mine and in the meantime it would cost us heavy share dilution to buy them and they would be an ongoing cash drain. Cash is something we don't have much of at the moment.TMM management has obviously decided that for the moment drilling our own property provides better payback than any acquisition even though there are many attractive opportunities out there.
Bullboard Posts