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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 DEH1on May 02, 2016 8:00pm
236 Views
Post# 24834875

what price should TMM be trading at ???

what price should TMM be trading at ???
San Franciso mine has 8 year expectancy >  100,000 au oz per year

Ana Paula also has an 8 year expectancy (sometime 2017)  116,000 "  "

Thats 216,000 au oz yearly   X $1290.00  = revenue $278,640,000  less
all costs @ $1050 au oz = $226,800,000 > Net year Income $51,840,000
thats $0.165 per share.  Not bad hey what !!!   Also sitting on the sideline is Caballio Blanco.

Cheers


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