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Bullboard - Stock Discussion Forum 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 Discussion

Timmins Gold Corp > Gold now down 15 bucks
View:
Post by Goldhound3 on Sep 09, 2015 11:54am

Gold now down 15 bucks

Starting to look as though were heading back under 1100 and I guess as soon as the fed raise rates next week we might that 1000 dollar gold price
Comment by blade86ca on Sep 10, 2015 6:15pm
close to 0 inflation , intial and continual jobless claims keep rising, GDP on average flat since 2010 and you think fed will raise rates after years of historic lows ? I think after the FED meeting gold will start moving higher as the USD will get hammered with no rate hike coming this year.
Comment by pdcon1 on Sep 11, 2015 8:01am
gold continues to get hammered with rumour to raise rates , and flawed jobless count with only 62% counted work force.   rumours only . world runs on rumours now means feds call the shots now . tmm should have rumours soon enough on san fran
Comment by Goldhound3 on Sep 11, 2015 10:19am
Well we had all better hope its awesome news as TMM keeps making new 52 week lows. This stock will most likely drop into the .20`s once they announce another operating loss and if gold keeps dropping next week look out below. A major might just come a long and take them out for .35 or .40 cents
Comment by pdcon1 on Sep 11, 2015 11:20am
major might take them out for 1 dollar   this is sentrys chance to takeover and get ana paula into production
Comment by Goldhound3 on Sep 11, 2015 11:28am
I dont think a major is going to pay a 225% premium, maybe a 100% and at the current share price that would be .60 cents but if we drop to .25 we might get .50. I feel for the ones that paid 1.50 or more and are still holding.. SAS.v share price is going to be higher than TMM soon. This stock reminds me of crocodile gold right now.
Comment by handyrandy321 on Sep 11, 2015 11:31am
Uh no major will want a money losing money pit when they are STILL trying to figure out where to mine with 5 straight lower quarters of production. Remember last year when the excuse was rain in September? Maybe a 70 percent haircut offer. 
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