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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 unlimited_awon Oct 11, 2012 5:42pm
276 Views
Post# 20475292

From the Gold Report

From the Gold Report

The Gold Report Interview with Roger Wiegand (10/10/12) "Timmins Gold Corp. is in northern Mexico. . .we recommended it back in February at $1.22/share. That particular company and that stock have been excellent for our readers, traders and investors. We've had some of them in and out of Timmins four or five times. Some people just buy it and sit on it. If you're going to do a buy and hold, that would be one of the few that I would put in that category simply because it is a producer now. It employs about 650 people. The mine continues to expand. It has done everything right from the standpoint of starting and running a business. Timmins' management is superior. We would look for that stock to do much better. It's what I would call a good, growing stock. . .normally, with a company like Timmins, the shares might be $10, $15 or $20, but it is a young company, and it is growing quickly. But, as a producer, not just an explorer, Timmins has everything in position to continue to produce and to grow, yet is priced today somewhat like a junior company would be. It's common for us to see these junior stocks in the $1–3 range and we see a lot of growth on the upside. Its advantages include superior management, solid financing, low-risk geography and being a producer. By being a producer it doesn't have to go out and raise money, even though it is priced like an explorer."

Shane Nagle, National Bank Financial (10/9/12) "Timmins Gold Corp. announced Q3/12 operational results of 25,153 oz Au, in line with our estimate of 25 Koz and up ~8% from Q2/12 results of 23,203 oz. . .quarterly sales matched production of 25,153 oz, in line with our estimates. . .we reiterate our $3.75 target price and Outperform rating."

Ingrid Rico, M Partners (10/9/12) "Timmins Gold Corp. released 3Q/12 operational results, reporting 25,153 oz Au recovered and sold. . .the company materialized its operational improvements, with production for the quarter increasing by 8.4% compared to the previous quarter (23,203 oz Au produced Q2/12). The steady increase in throughput demonstrates the San Francisco mine remains on track with its expansion plan. . .production for the quarter was in line with our expectations. . .we are maintaining our Buy recommendation."

Jordan Roy-Byrne, The Daily Gold Premium (10/4/12) "Timmins Gold Corp.'s chart is setting up quite well for the long-term, but it could be a number of months before shares are able to break to a new major high."

Christos Doulis, Stonecap Securities (10/1/12) "Timmins Gold Corp. is still currently trading at a discount to its peers. . .we are expecting a number of key catalysts for the stock over the near term, which includes a new mine plan at its San Francisco mine (Sonora, Mexico) as well as metallurgical test work, currently underway. . .we continue to rate the shares with an Outperform."

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