New write up Expert Comments:
The Gold Report Interview with Ivan Lo (5/24/13) "Timmins Gold Corp. is a favorite. The company continues to increase revenues, cut costs and expand its mine life with funds paid from production. It just had another record-breaking quarter. Its profit from operations grew 40%; earnings are up 155%; cash flow is up 50% or 51%, and it sold 30% to 35% more gold than it did last year. This is all at a cash cost per ounce on a byproduct basis of $703. That's an all-in cost. Even if prices fall to $1,000/oz, Timmins is still making money. In the gold space that's rare. . .it's still undervalued compared to its peers. Timmins isn't even close to being fairly valued. Some of the analysts have price targets double where Timmins is currently trading."