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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 Czicfwillgetermiton Oct 23, 2015 12:34pm
106 Views
Post# 24221059

RE:RE:RE:RE:Are we expecting the operating loss and writedown today?

RE:RE:RE:RE:Are we expecting the operating loss and writedown today?Most miners have gotten their impairment charges behind them already.  I could easily see a $50 million dollar charge but thats more than reflected in market cap.    As far as losses for the qtr it will be interesting to see if B actually got the production up with his new crushers and leach pads while  fixing dilution issue.   If that was the case and thats a big If then along with reduction in Cap ex as anticipated its very possible they could manage a small profit even with drop in gold price.   We will see
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