Bullboard - Stock Discussion Forum Timmins Gold Corp T.TMM

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"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."

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Timmins Gold Corp > TMM struggling to

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Post by Goldhound3 on Feb 23, 2015 9:52am

TMM struggling to

hold 1.04.. If gold takes a dive we might see the share price back below a buck.. There seems to be a lot of people saying the deal TMM made was great but the share price proves that's not the case so far..

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Comment by run33 on Feb 23, 2015 10:15am

There's always a flush when acquisition is made... once the sellers dry up, and they will - if they haven't already, they will push it back up. Same as it ever was....

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Comment by bob4977 on Feb 23, 2015 10:18am

Goldhound, your logic seems a bit off. The only thing that the drop in TMM share price proves to me is that investors do not value TMM as much now as they used to. Most of that I would attribute to the drop in the price of gold. To me, theses new acquisitions make TMM more leveraged to the price of gold. If you think gold is staying low or going even lower, you should sell. I think that gold will ...more

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