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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 Apr 16, 2015 7:20pm
162 Views
Post# 23638499

RE:merger

RE:mergerintowin:  their are 179,877,377 TMM shares outstanding.. You claim that the TMM/Nes is a done deal as both sides are in favour of it. 
  May I assume you have done your DD & know approximatley the total number of TMM shares owned by the Directors up for reelection.
Thanks would be much appreciated if you would please  share this information with us.  > not interested in NES just TMM
I am aware that there are about 70% TMM shares owned by Institutions & that Sentry holds about 17%,
PS I have issued  a NO vote as I believe TMM has paid too much & with $180m capital expenditures plus the $80m Cabo , it may take years to complete & in the meantime TMM's outstanding shares wil have increased almost 90% with price drop accordingly.  jmo.
Cheers



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