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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 johncolton Nov 10, 2015 9:12am
143 Views
Post# 24276339

Gold at least $215 per ounce below mine restart

Gold at least $215 per ounce below mine restartMark Backens - Interim CEO

The mine has been placed on care and maintenance, so there are resources remaining within the pit. So to restart the operation, we would need to see sustained gold prices north of 1,300.

SPOT MARKET IS OPEN
closes in 7 hrs. 53 mins.
Nov 10, 2015 09:07 NY Time
Bid/Ask 1088.40 / 1089.40
Low/High 1086.50 / 1096.30
-3.50 -0.32%
-68.00 -5.88%
-63.20 -5.49%

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