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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 > Wasn't expecting this, but...
View:
Post by own_quality on Aug 30, 2016 5:50pm

Wasn't expecting this, but...

I'm not really surprised.  Let's hope it's just one last correction before gold moves up to 1400.  Especially painfull for me since I added a lot of TGD last Friday at $0.49.  Stupid move in hindsight.  Oh well, not the first time we've had a setback like this since the gold rally started.  Going to try and buy a few more if it goes down any further on Friday.  If gold breaks 1300 and heads lower than we could see an even bigger selloff in the miners.  That will definitely be a buying opportunity, but it will take some big balls.
Comment by Platin2014 on Aug 31, 2016 2:12am
dont make yourself nervous, market is nervous enogh because of FED. The FED trash talk  moves billions, they count on the nervousity of market players and they are effective. After the crash from 2008 you should see in the following years grow economic rates of at least 3-4% p.a. we have seen +/-2% (more minus) even with billions of Dollars in easing in recent years And now FED is running out ...more  
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