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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

Post by handyrandy321on Mar 11, 2015 10:06am
84 Views
Post# 23508895

Never seen terrorism and hostage taking in an MD&A before

Never seen terrorism and hostage taking in an MD&A beforeNever seen a Mexican mining op mention terrorism and hostage taking before in a financial report. Timmins MD&A.

The Company’s only operating mine and all of its exploration properties are located in Mexico. In the past, Mexico has been subject to a number of risks and uncertainties,

including: - terrorism and hostage taking; - expropriation or nationalization without adequate compensation; - difficulties enforcing judgements obtained in Canadian or United States courts against assets located outside of those jurisdictions; - labor unrest; - high rates of inflation; - changes to royalty and tax regimes; - substantial fluctuations in currency exchange rates; - volatile local political and economic developments; - difficulty understanding and complying with the regulatory and legal framework respecting the ownership and maintenance of mineral properties, mines and mining operations; and - difficulty obtaining key equipment and components for equipment.
Read more at https://www.stockhouse.com/companies/bullboard/v.nes/newstrike-capital-inc#CIPXx1MMsBK0fwpK.99
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