Timmins Gold Corp T.TMM

Hey clueless pumper stock lost $2.58 in 3 years/ Goldcorp

[frankman]

How about the last 5 quarters (maybe 6) of decreased production? Or probably about to report the third straight operating loss of millions? Even Goldcorp just reported a net loss due to gold prices. Lost .92 so far this year = tax loss selling. I warned you months ago about resistance just by those that want their money back. You catch a falling knife suckers keep deserving your losses.

I think the Sugar Plum Fairy has given up on hope and prayer as long as gold is down here. Maybe next year gold will rebound back to profitability here. But I don't like ifs and maybes. And any high grading here will be short lived. Goldcorp just reported a loss. Sign of the times. G will have to slash costs and delay investment

Timmins 3 year loss
 

Date		Close
10/29/2015		0.27
0/18/2012		2.85
Loss 3 yr		-2.58

Goldcorp posts bigger loss as low prices for its precious metals hit bottom line

The Canadian Press, at 10:28 on October 29, 2015, EDT.

•  

TORONTO - Goldcorp Inc.'s profits moved further into the red in the third quarter as the company dealt with falling prices for its precious metals.

The Vancouver-based gold miner, which keeps its books in U.S. dollars, said Thursday that it posted a loss of $192 million or 23 cents per share in the third quarter, compared to a loss of $44 million or five cents per share in the same period last year.

The company said it produced a record-high amount of gold -- 922,200 ounces -- in the quarter, up 42 per cent from last year, but realized a lower average price of $1,114 an ounce, down from $1,266 an ounce in the third quarter of 2014.

Silver production increased to 11.3 million ounces from 7.8 million ounces in the same period last year, as its realized average price fell from $15.71 per ounce to $13.01 per ounce.