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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 pdcon1on Nov 01, 2015 8:09am
152 Views
Post# 24247904

not a coincidence

not a coincidence We all know Goldcorp is continually looking for gold oz as they purchased the porcupine mine from probe mines last january. . The el Sauzal mine was closed in 2014  due to an unsafe wall , it would of been their last year mining anyway so they sell the mill to Timmins  for some cash and shares where they own approx 9 percent of tmm . They were mining El Sauzal  with a grade of 1.4 g per ton  and  would  possibly get more involved with the Ana Paula deal  with the 1.89 million gold oz with a 5.37 grade and already permitted . In total timmins holds around 6.4 million gold oz  with the three mines could produce  over 300,000 oz anually and blended would be profitable at todays gold price . Tmm needs a big backer and Goldcorp needs gold oz , together everyone wins as a combined co for the right price. jmo
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