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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 hellenmon Feb 16, 2016 9:24am
156 Views
Post# 24561327

$10 million dollars debt due in 17 weeks

$10 million dollars debt due in 17 weeksAnd cash running out with a probable working capital next to empty. They won't be able to even run the mine without more financing now. Remember they were looking for cash awhile back. Newstrike also took out a last minute ditch loan during the merge. 
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