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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

Comment by MisterBon Apr 15, 2016 3:44pm
208 Views
Post# 24772950

RE:Leak.

RE:Leak.
In my view, this is not about a leak, but the market catching up to some pretty significant news.

-Gold production Up
-Gold Grade Up 17%
-Price of Gold Sold up
-Strip ratio reduced by 18%, therefore significant cost reduction in Q1

All add to lower AISC and cash cost, PLUS higher revenue.  I see a decent profit this Q.

This is all about math and recognition of the upcoming financial release.  Perhaps extending the length of mining beyond Q4.  TMM was priced for bankruptcy, and I think the company is being re-rated at thsi time.  All things are pointing up.

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