RE:Timmins Gold Announces Re-Financing of Credit Facility With I really don't get this. Paying 12% annuallized plus another 9.6% annualized when taking in he bonus payable at the end for a loan shark rate of almost 22%. Five months in this industry and current environment isn't a lot so they haven't bought themselves much time with this other than to divest of things they already have in the works or put a share offering together.
Disappointing...