Timmins Gold Corp T.TMM

Not looking good

[Goldhound3]

Gold has now dipped below 1200.00...Hopefully gold is not heading to a 1000.00 like lots of people are saying.. If gold drops below 1180 we might be able to grab TMM below a buck

[TRRG]

We are still in early stages of gold bear market. Gold will move much lower that many of us could imagine now. Target is around 700-800 $ oz. This down move will be slow and painfull. Could take 3-5 years, before a new up-trend starts again. I was lucky enough to sell my 20000 share in 08/2014 for 1.74 $ a share. If 1$ support goes, and it will , I can see TMM trading in sub 0.50 Cents in next 1-2

[caillen]

Stupid irrational fear mongering. Average worldwide costs of production for gold in 2013 was $970. $800 gold is like suggesting $10 wti. It makes for great headlines but the underlining theory is absolutely ridiculous.  Buy TMM on a hour chart. Financials are solid. The deal is solid. No dilution and no new debt. Revenues will increase. Minimal debt. Concentration percentages are icreasing

[TRRG]

Production cost of gold means nothing to a trader ! Forget about it. It  will go to 800 $ level, many gold mines will close production, and lets see who will provide physical gold to market ? Central banks, Indians(India), Chinese and stucking GOLD BUGS ! No joke my friend. As UK sold its gold reserves in 2000 during golds lows ! There is nothing, nothing positive about gold mining bussines

[Goldhound3]

all mining stocks are still down over 100% from there highs.. if gold drops to 800 or a 1000 mining stocks will lose another 100% there will be nothing left..

[pdcon1]

the last time gold hit 800 per oz was feb 09  one yr after 08 crash w hen the world dissolved around  30% of its value and people walked away from their homes , and u.s debt showed no signs of recovery , and since then numerous QE programs and an escalating debt that is over 18 trillion and not cng down any time soon . gold has been in a bull since 2005  with a correction in

[run33]

Gold under $1200 before the FOMC was a shake 'n bake designed to slurp out traders. This was a gift (for me) today at $1.13. This prints $1.20 by the week's end and we will see where we go from there. I will bank on higher.

[ronnywing]

When the U.S finally raise interest rates this year gold will take a hit, and that will be long term according to Goldman Sachs (2015,2016,2017). When interest rates rise U.S. treasuries and the U.S buck become more attractive then a sell off in all commodities including gold. Then you have summer doldrums coming and the market sell down soon   Few like to hold stock over the summer.

[pdcon1]

bottom feeder price of gold rebound nicely , there is more to come with gold conferences in hollywood and toronto  chinese new year over soon and gold goes balistic

[ronnywing]

gold has been falling since January. Chinese New Year buying has ended and they didn't buy much. If Chinese are no longer buying gold then why would it go balistic? It hasn't You have that backwards. Indian celebrations ended also who have been buying more silver than gold.  They can talk gold all they want and have been since gold crashed, but a strong U.S dollar with interest rate

[pdcon1]

interest rate is a falacy to try and scare investors to sell gold at a loss. there will be gold shortage if price drops and central banks are net buyers , there will be no interest rate increase this year or possibly 1/4 % in last quarter , strong dollar is hurting the economy by then gold to be over 1300 . feds keep crying wolf  with majors having write downs due to low prices.chinese new

[blade86ca]

With the US 10 year at near 5 year lows sorry to burst ur bubble but interest rates aren't going up anytime soon fyi , not this year for sure