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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
Post by intowinon Oct 25, 2010 12:43am
599 Views
Post# 17605750

Second hand info.

Second hand info.  Because I was out of town I was unable to attend the Michael Campbell conference on Saturday. But spoke to a close friend who did and who is also a shareholder in Timmins. Timmins had a booth there and he got to speak to Alex. This is what I was told
---you can look forward to an updated website soon with new photos of the mine.
---Look for news very soon regarding the move to the TSX as they now have the person on board and his name HAS been submitted to the TSX. This was the only hold back in getting the TSX approval.
---New Reserve estimates should be out in the next week or so. ( this should be much improved)
---Next Quarterly #'s will show a SIGNIFICANT drop in production cost per once. 
---What was surprising to my friend was Alex was very confident that GAM & CGC deal would not go through and TMM would eventually end up the victor. (Apparently all the big shareholders are backing the TMM bid).Time will tell.
---Peter Grandich was the last speaker and in front of a packed crowd of hundreds of people spoke very highly of TMM. Stating they are the most undervalued gold junior. 

GLTA



 
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