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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 stock_itchon Jan 11, 2013 10:49am
381 Views
Post# 20825489

Good Earnings

Good Earnings

They increased profit by 77% and cash flow by 85% over last year. Also tripled earnings per share even with gold around the same price and mining costs about 18% more. All this and the stock price is the same as it was late January of 2012. Also self financing all exploration so no debt, dilution surprises upcoming as with many other gold miners.  This is a head fake dip and great opp. I already bought a bunch in the low $2.80s and will be buying more throughout the day. Already bounced back from $2.80 to $2.87. 

Also extended SF mine.

Bullboard Posts