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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 sonofcroyon Feb 25, 2014 2:28pm
187 Views
Post# 22249189

RE:RE:RE:RE:RE:RE:RE:TMM - Reverse head and shoulders

RE:RE:RE:RE:RE:RE:RE:TMM - Reverse head and shouldersyes I do see gold petering out soon.but once it has a rest it will resume and get to at least 1400 before a correction.The stocks are not selling off but rather taking a breather and they may take off ahead of gold again while gold takes its rest. Normally I would sell everything as most of the gold stock indicaters are showing overbought but something is brewing especially with the extreme high volume all across the sector.History shows us that whenever the gold stocks are coming off of these kind of all time lows that they will go up 150%-300% before a correction of 20% or more so I think they can remain overbought for a long time. TMM will be trading over 1.90 next week. Listen to the charts.You are misinterprting them
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