RE:Caballo Sold for 12.5m cash Clears the way for TMM...MisterB: well done couldn't have said better myself (was away on business)
Just like to reafirm Mr.Baccken's last statement
" "The sale of the Caballo Blanco project for a total consideration of $17.5-million (U.S.) is a significant event for Timmins Gold," stated Mark Backens, interim chief executive officer. "The cash proceeds from this sale will strengthen our balance sheet, which will enable settlement of our secured debt."