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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 moneyman213on Apr 18, 2017 11:56am
195 Views
Post# 26132327

RE:rollback 1 for 10

RE:rollback 1 for 10

I disagree.. With 39,000,000 shares the price is going to rock.  This is also going to allow for institutions to buy in and perhaps GDXJ entry. (perfect time as GDXJ rebalances)  It has been said that greg is to focus on institutional buyers and if your in that is great news.
 

I know there are miners where this move has hurt but its all about the space that that company is in. Its a terrible thing if you are on the brink of going bankrupt because it means dillution and a reversion to the mean price.  In our case dilution will be less as the price will get up before financing if they don't do debt all the way.  

This stock is going to rock up to $10-$15 once this happens.
 

MM

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