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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 zzthnxon Oct 28, 2011 10:52pm
268 Views
Post# 19192057

RE: RE: A Gift

RE: RE: A Gift Hi Boneafide, after just reading your post I google "cyanide shortage". Apparently, TMM wasn't the only company that experienced the problem. I think it's unlikely that there will be a repeat of this problem for TMM, as they have probably already undertaken steps to stockpile cyanide in case this happens again:"Silvermex Resources Inc. (SLX.TO) said silver production for the second quarter of 2011 decreased 12.5% from first-quarter levels while gold production fell 6%.The miner said the decline were caused, in part, to restricted cyanide deliveries to the company refinery following flooding at a cyanide production facility in Memphis, Tenn.Silvermex initially stockpiled inventories but was forced to eventually shut down the refinery, taking advantage of the time for routine maintenance. The stored inventory is expected to be processed and shipped during the third quarter, the firm says.Read more: https://community.nasdaq.com/News/2011-08/cyanide-shortage-kills-silvermex-resources-q2-silver-production-slips-125.aspx?storyid=90651#ixzz1c8RcsTRS"
Bullboard Posts