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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 palmpiloton Dec 21, 2015 9:39am
160 Views
Post# 24400710

When Timmins runs out of money what's next?

When Timmins runs out of money what's next?If they don't get a loan then it would be bancrupt. No capital for anything. They can't operate at this gold price as they are suffering big operating losses. There will be even less metal revenues this quarter by about $1.2-$1.5 million dollars. Have they laid off any more employyes yet? 
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