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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

Comment by Hawk8011on Nov 24, 2013 5:31pm
134 Views
Post# 21936436

RE:Technical Chart Update

RE:Technical Chart Update
Interesting comments. The new proposed mining tax in Mexico is also a huge reason to the sell-off in all miners in mexico.

https://www.economist.com/news/americas/21588891-new-royalty-rattles-investors-sovereign-take

If this goes through, profits are whacked dramatically. It looks to have been priced in somewhat, but just how much further do we have to go. The cash-flow TMM spits off is enormous, yet it is trading so cheap...
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