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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 frankmanon Nov 12, 2015 10:40am
117 Views
Post# 24284806

Oh Matty! Trying to SCAM people with the WRONG all in costs?

Oh Matty! Trying to SCAM people with the WRONG all in costs?I'll let you off the hook as you did misread that from the PEA/Tech report. All in sustaining costs( AISC) require many months of production to establish costs. And of course Ana Paula is at least 2 years away from any type of production assuming gold gets back up there. By then more financing will be needed maybe several times (warning)

Curious though PEA was based on $1300 gold. Yet management used $1200 gold in the news release. Things that make you go Hmmm
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