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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 by User

Bullboard Posts
Comment by lilbuggeron Sep 25, 2008 11:32am
198 Views
Post# 15483710

RE: there is NO SUPPORT for TMM (period)!!!

RE: there is NO SUPPORT for TMM (period)!!!I can see what you mean silver..........there is NO support, if someone put in a market order to sell 50K, there would be an offer at 0.44 and no bid.  That is pretty scary.  I suggest concerned management get a new PR team that has access to a new group of brokers and investors and get them to put up some bids.  I say concerned management because I noticed the VP has been selling which is another reason why nobody wants to step up to the plate with some real bids.  If this is such a great project why is the lead guy selling off his shares.....don't tell me he doesn't get paid enough.  That reflects really badly on the project.  Another concern is the fact that the 4 million share PP that closed at $1.25 is free trading on October 11, 2008.  I am sure some of those placees are prepared to take the tax loss and sell out at any price just to get the bad taste of this stock out of their mouths.  This is just my opinion but it seems like the stock is going lower before it goes higher.

Good luck trading all
Bullboard Posts