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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 Berzyon Jan 26, 2016 9:16pm
141 Views
Post# 24496530

RE:Timmins Gold Announces Re-Financing of Credit Facility With

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...
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