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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 MisterBon Jan 20, 2016 3:57pm
200 Views
Post# 24478130

RE:RE:RE:RE:RE:Uh fb G is only concerned about getting it's money back

RE:RE:RE:RE:RE:Uh fb G is only concerned about getting it's money back
Absolutely, blade.  And signing an agreement with Sprott and Goldcorp, a gold major that used to own (and is very familiar with) a high-grade property named Ana Paula, is probably bad news and a short term fix (meant to whet the appetite of investors before Q4).  Considering Goldcorp owns 9.9% of TMM, I am sure they are in it for the short term <Sarcasm>..

A joint venture and/or funding arrangement with TMM would do wonders for GCorps 9.9% stake in TMM, right?  All while securing, perhaps, a piece of the pie going forward once Ana Paula is developed (If a JV is their intent).

I would suspect, perhaps, warrants were being priced out over the last 10 days, hence the drop, and hence the rebound.

  Even if someone looked at TMM solely from GoldCorps interest, a JV and/or funding arrangement while DD occurs makes a lot of sense.

I think there is enough here to piece together some of the story that may potentially unfold..

B
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