RE:RE:Timmins Gold Provides 2016 Results Intowin,
Agreed 100%. I believe they are underpromising with the intention to over-deliver with San Fran, and with upwardly adjust over the year.
"We are investigating operational improvements to San Francisco which we expect to publish in a new life-of-mine plan in Q2. Mine performance in early 2017 continues to track above the existing life-of-mine plan and we are confident that guidance of 20,000 ounces produced for Q1 2017 and 70,000 to 75,000 ounces for the year will be achieved."
With AP Pre-Feasibility due out in Q2, and an updated LOM for SanFran in Q2, Q2 could be that "game-changing" quarter that makes the market have that "Oh, Look at this company" moment.
In the meantime, raise rates and let gold Go. Despite a rate change, we are stil in a state where "real rates" are not a barrier to owning gold.
B