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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 Nov 09, 2011 9:57am
438 Views
Post# 19221830

low net profit due to cyanide shortage.

low net profit due to cyanide shortage. The realized gold price on account of low production was due to a glitch in leaching the gold ore due to shortage of cyanide. This was expected. I do not know why they were selling. The next quarter financial would show more gold produced due to the leftover gold ore that was not processed. I hope intelligent investors realized this.
Bullboard Posts