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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 DEH1on Jul 11, 2014 2:42pm
256 Views
Post# 22737843

RE:The $100,000 factor

RE:The $100,000 factorfirecracker, I too would like to thank you for your $100,000 factor

 I did a quik look @ Q1pertenant data vis a vis Q2 & assume they will be relevantly the same except Q2 Earning & total comprehensive should be about $4m less > $8,105 less $4m = $4,105 devided by 91 days = $44,378 per day.

   Also I think we should examine TMM's Liabilties being reported end Q1

   
 
 
LIABILITIES 
 
 
Current 
 
 
Trade payables and accrued liabilities 8 $ 19,564 $ 27,144 
Vendor loan 
 
 1,725 1,725 
Loan facility 9, 12 11,410 16,438 
Current portion of equipment financing 7 1,134 1,134 
Total current liabilities 33,833 46,441 
 
 
Deferred tax liabilities 50,650 51,376 
Long-term equipment financing 7 1,796 2,080 
Provision for site reclamation and closure 3,194 3,168 
Other provisions 1,099 1,097 
Total liabilities 90,572 104,162 
 
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