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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 Auricon Mar 04, 2011 12:00pm
409 Views
Post# 18232441

A model company

A model companyAs soon as the bid size goes up sellers got the opportunity to dump hisholding. This is not short selling anymore. someone must have lost hispatience/mind and decided to take some  profit.
I knew someone loaded up his pick up truck when the share price was a bit under $2.

A mining company with lots of potential to become a mid tier producerwhether or not CGC becomes a part of TMM is under the gun. a miningcompany whose last financial report stated a net income of $7.5 million or 0.06/share compared to
.9 million or 0.01/share for the previous quarter is once again under the water.

A company whose growth showed  NET INCOME BEFORE TAXES of $16.5 million or 0.13/share compared to a loss  of $ 3.16 million  or -.03/share for the nine month period ending Dec 31, 2009 is having a hard time for the share price to move up to where it should belong.

Yet, I know of a company run by fraudsters in 1994 where the stock price went up to $4.50 just by false promotion and not to mention the BRE-X in Musang , indonesia whose samples were consistently adulterated  to show some gold when there were none went to as high as $292.

Well, TMM is run by honest people, the PRO is very honest about the company and the whole team's objective based on what I have read is  to make the company grow, grow and grow to become an envy of many. May this company serves as a model for many mining companies so that those companies such as BRE-X (biggest hoax in the century for the mining industry), Fairmile gold, etc, would never come to exist  anymore.

Bullboard Posts