Timmins Gold Corp T.TMM

Waiting out the Selling Wave

[juniorinvestor5]

I'm guessing all that's happening is the people that weren't happy about the lack of 'pop' from the last quarterly news; so they are selling. There's no bad news from a company perspective, the price of gold is going to hover between 1250 and 1350 for the next quarter when TMM will no doubt have even more cash in the bank and another update on Ana and will have pumped out more gold than the previous quarter. It'll be a painful wait but worth it i'm sure! gtla

[silverstarz]

Barring a collapse in price in the next month we will have mined gold for a 1/4 over $1300.  Timmins is going to end up with .12+/share earnings for the year.  I know we aren't Barrick at 25x+ earning but wouldn't 10-13x's be fair.. YOU do the math. San Fran with a plan that's the best in years Ana on track way and more meters drilling than I would have thought. funded

[awacs1]

Agree that TMM is a sleeper. With a MC of $231 MM, it is undervalued. I hold VIT, non-producer in YK, fullly permitted at a MC of $301 with lots of uncertainty in the development for production. Not a logical difference in the MC. What are  the risk factors holding TMM down? I think the reality of San F decision has not really been understood by the market. cheers