Timmins Gold Corp T.TMM

ANOTHER operating loss

[rwhitts]

What this? the fifth in a row?

• Loss from operations was $8.6 million, compared to $0.2 million during Q1 2015. The difference was primarily due to the impairment of $12.8 million on the Caballo Blanco asset, partially offset by a reduction in cost of sales which were $22.3 million, compared to $26.8 million in Q1 2015. Excluding the Caballo Blanco impairment, adjusted earnings from operations were $4.2 million for Q1 2016.

• Loss and total comprehensive loss were $10.7 million or $(0.03) per share, compared to $0.7 million or $(0.00) per share during Q1 2015.

[shaleplayer11]

Let's hope they reverse this.  What this? the fifth in a row? Loss from operations was $8.6 million, compared to $0.2 million during Q1 2015. The difference was primarily due to the impairment of $12.8 million on the Caballo Blanco asset, partially offset by a reduction in cost of sales which were $22.3 million, compared to $26.8 million in Q1 2015. Excluding the Caballo Blanco

[Goldhound3]

If gold does not get above 1300 and quick they might have to shut down and maybe sell Ana Paula. They can't keep operating at a loss.

[intowin]

Goldhound, your on pace to set a record for ignores. Keep it up. Unfortunately I will not know when that happens. As I add my name to that ever growing list.

[DEH1]

Shaleplayer1:    Kindly note that Mr. Backens reported Q1 very good  > a profit $6.3 with gold @ $1160.  To day Gold is up 1285.  Should gold average $1250  Quarter profits should be about $10m   With Ana Paul  construction material 80% completed & paid for. When acitivated it is reported  Quater profits @ $21M Show me any Gold Company that is

[zzthnx]

"Excluding the Caballo Blanco impairment, adjusted earnings from operations were $4.2 million for Q1 2016."