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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 Hourglass11on Apr 24, 2013 2:59pm
252 Views
Post# 21308274

New to this board

New to this board

I have been watching this company for a while now and have a question about the share price of TMM? This company has approximately the same amount of shares (144M) as Argonaut Gold (149M) and they both produced just over 28,500 ounces of Gold in the 1st quarter. 

I understand that Argonaut Gold has 2 mines vs Timmons having 1 mine, but why does Argonaut trade at twice the value? Do they have twice the reserves, or is Timmons way undervalued?

Thanks in advance.

Hourglass11

Bullboard Posts