Timmins Gold Corp T.TMM

Uh fb G is only concerned about getting it's money back

[birdman1234]

That's why the original term was SHORTENED by five months from November to June. Then the Newstrike debenture debt payments come due.

[fb454]

So after Gold Corp. did their due diligence to sell Timmins the plant; they`re worried their DD wasn`t correct and are getting more involved? I think everyone here should consider talking about facts. Speculation about losses and so on is a waste of eveyone`s time. But, this is what makes a market. If anyone cares to short Timmins today; go right ahead, they`re are plenty of bids. Best of sucess

[MisterB]

Think Timing: Timmins expects their studies to be complete by Mid-year (IE, June). Think past ownership: GoldCorp used to own Ana Paula prior to 2011 Perhaps GC is considering a JV with TImmins on this property and want to review the latest data and progress made on the property - all data to date.  They know the property from 2010 and prior. They know the Plant and processing equipment

[fb454]

Mr. B., that`s a very logical and sensible avenue for Gold Corp to take.  I do agree with your reasoning. Not only could Timmins have a value rally; the shorts will be looking to cover and get long. It`s hard to catch a rolling bus. 

[blade86ca]

fb454 the shorts have already covered because they probably knew GG saw value in TMM new properties all along https://zolmax.com/investing/short-interest-in-timmins-gold-corp-tgd-declines-by-81-7/326657/ But if anyone else feels the shorts are wrong by getting out of TMM feel free to continue shorting , as this is going bankrupt as per their comments

[MisterB]

Absolutely, blade.  And signing an agreement with Sprott and Goldcorp, a gold major that used to own (and is very familiar with) a high-grade property named Ana Paula, is probably bad news and a short term fix (meant to whet the appetite of investors before Q4).  Considering Goldcorp owns 9.9% of TMM, I am sure they are in it for the short term .. A joint venture and/or funding

[ukermann]

You're on the right track, GG's interest is not the health of Timmons, they want to stay close because of Ana. Why?? Cause me thinks the real deal is Torex, slightly to the South. 10 million z's in the ground over there with Ana kicking in another 5. And, those grounds are just 25% explored!! Now that sandwich is a triple Decker for GG. Timmons's assets would be sold off for the