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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 Oct 06, 2015 1:51pm
137 Views
Post# 24168094

When CEO quits (fired?) just before the financials come out

When CEO quits (fired?) just before the financials come outThat's got to be a larger loss coming than we expected. Maybe $5 - $6 mil operational loss in only one quarter? Attempting "Cost containment" Wonder what they exploded to this quarter? $1200 all in per ounce? Looks bad. Not even staying as a director.

'reports today that Bruce Bragagnolo has ceased to be the Chief Executive Officer and a Director of Timmins'

'implement a cash containment program'

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