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Bullboard - Stock Discussion Forum Timmins Gold Corp T.TMM

Metals & Mining Gold

"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."

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Comment by blue0987on Apr 18, 2017 6:05pm

RE:Regarding the reverse split;

Reverse Split - Those exploration/production companies having weak balance sheets/negative cash flows, that execute a reverse stock split from a position of weakness are normally looked at by the ...more

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Discussion

Comment by Weebleon Apr 18, 2017 4:17pm

RE:The news today has the support of

Exactly. There are two reasons for roll back. One is for hardship and survival on a board, the other is because you have matured and grown after financings and it is time to ...more

227

Discussion

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Post by fb454on Apr 18, 2017 3:36pm

The news today has the support of

all major stockholders and funds. Companies always check with them first. The stock will be supported if anyone wants out. Let`s remember that this is not a hardship event. I`ve been involved with ...more

244

Discussion

Comment by intowinon Apr 18, 2017 2:54pm

RE:Thank you Timmins management!!!

Sorry but I disagree. TMM has done a good job de risking their assets. They share price is now determined by the value of those assets. (And I might add undervalued at its current share price). Funds ...more

212

Discussion

Post by SHEEPBAAA1on Apr 18, 2017 2:49pm

This stock is going to crater with the rollback 10:1 propose

really sneaky news. this stock will crater. get hell out while you can. before the sp plummets. The Sheep

192

Post by FastFFon Apr 18, 2017 2:23pm

Thank you Timmins management!!!

Can always count on you to screw-up - this rollback will lead a good low & new buying opp (everybody knows 99% of rollbacks sell off). Good news is, once this gets well flushed out it Could, maybe ...more

236

Discussion

Comment by intowinon Apr 18, 2017 1:19pm

RE:Regarding the reverse split;

Fb454 I believe the stock will become less liquid and daytraders don't like that. All in all a good move on their part.

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Discussion

Post by fb454on Apr 18, 2017 1:08pm

Regarding the reverse split;

This won`t do anything for GDXJ inclusion. It`s based on market cap. As for the day traders; it`ll attract more because instead of moving 2 pennies when gold moves $15.00, the new stock will move .25 ...more

287

Discussion

Comment by intowinon Apr 18, 2017 1:00pm

RE:RE:rollback 1 for 10

Agreed. Roll backs generally hurt explorers. Who keep issuing shares to raise money for exploration. Not an issue for TMM. This is very positive news. Didn't Torex do the same? And ...more

175

Discussion

Post by godisgr81on Apr 18, 2017 12:57pm

Reverse Split

Gentlemen, this is all good for a number of reasons already covered but the best of all is that now more institutions will hold our stock and create more interest from Market Makers. Also, the number ...more

198

Comment by moneyman213on Apr 18, 2017 11:56am

RE:rollback 1 for 10

I disagree.. With 39,000,000 shares the price is going to rock. This is also going to allow for institutions to buy in and perhaps GDXJ entry. (perfect time as GDXJ rebalances) It has been ...more

200

Discussion

Post by 20dollarsilveron Apr 18, 2017 11:17am

rollback 1 for 10

this will hurt.

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Discussion

Post by dieter216on Apr 18, 2017 11:16am

Consolidation...

I hold 1 mill + shares and I am in support of these changes.... this is good news. 10 - 1 is needed, day traders get lost... Now lets build a mid tier gold company! GLTA

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Comment by intowinon Apr 18, 2017 9:14am

RE:Rebranding has Begun

You are so right. I'm in favour of the changes. Consolidation will help reduce all the day trading that occurs. As for a takeover. Once the PFS on AP is issued they become in play. Good news ...more

225

Discussion

Post by godisgr81on Apr 18, 2017 8:20am

Rebranding has Begun

It was suggested that they would start rebranding this year and I think a step in the right direction. They have already made changes to the executive team. Not uncommon for new CEO to bring his ...more

277

Discussion

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