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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 ryanlaston Sep 23, 2015 7:40pm
139 Views
Post# 24129880

RE:History Lesson

RE:History Lessonnow we are here and based on the assets the company has TMM is definitely undervalued. You may be right that the company was too aggressive with both of these acquisitions and the market made them pay dearly. They took them behind the barn and beat the snot out of them. Its not that the assets they acquired were bad but perhaps the timing was.Thats where the opportunity lies for new investors like myself. When the company announced that they acquired Newstrike that deal alone was worth 140 Million. Now all three companies together are worth under 100 million. Thats cheap. Now with the Goldcorp deal this is a steal and will be a multi bagger for sure. 
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