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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

Post by birdman1234on Nov 03, 2015 11:27am
114 Views
Post# 24253679

Cash burn $3.71 million per month/care and maintenance

Cash burn $3.71 million per month/care and maintenance Cash drop was $11 million in only 3 months. They may have to put mine on care and maintenance sooner than anticipated. They are already reducing the workforce which should provide a clue to that.
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