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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 Nov 04, 2015 10:43am
109 Views
Post# 24257544

RE:Backens said need gold north of $1300

RE:Backens said need gold north of $1300The market is already valuing san fran at zero.  Management is taking the last 21 million out of it to pursue other projects and pay the bills just in case gold remains flat.  If gold falls further then tmm along with 75% of other miners will be done.   Ana is the one good asset left and cab is decent and the market thinks its worth at least 23 cents a share.  I have no idea where tmm share price will end up.  That makes the market.  
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