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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 May 25, 2012 10:07am
463 Views
Post# 19945713

Convesation

Convesation

I talked to the company yesterday and here is some of what we discussed. Most importantly is that they are on track to hid 25000 oz this coming Q. It's what investors have been waiting to see. As long as there is no hicups for the next month or so they should reach that target.

Drilling on TIMM claim to beging next month. Should give a boost to the share price.

With share price so low on many other companies the are still looking to make an aquisition. Mexico first priority. Looking for a producing asset.

They were adiment about not having to go to the market to raise funds, but will fund drill progran etc from existing cash flow.

With new crusher to be completed by third Q they expect to finish year at 30000 oz and thus reaching the 100,000 oz target they predicted.

All in all it was a good conversation and I believe much better days are ahead.

GLTA

Bullboard Posts