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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 stu.2on Jan 23, 2014 3:14pm
255 Views
Post# 22126716

RE:RE:RE:RE:RE:RE:This is insane

RE:RE:RE:RE:RE:RE:This is insaneSad to say you can buy small time producer NWM for 25million...which includes paying off it's 18.5million debt...The land package is right next door same type of mining and it would be profitable if it weren't for its crushing 12.5% (formerly 15% interest payments). Horrible management in the past (recently departed) has been replaced with former castle gold team. TMM has already gone in and kicked the tires a year or so ago. Just increased it's reserves by 56% to 600,000 ounces with little drilling. underexplored property...someone has to come in and get it for nothing or bankruptcy. Yes I do own shares I sure hope TMM does come in...
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