RE:What other assets is Timmins going to sell to stay afloat?It's not that bad, but they also have nothing else to sell. Let's hope gold doesn't do a total sell off during the summer doldrums.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 11, 2016) - Timmins Gold Corp. (TSX:TMM)(NYSE MKT:TGD) ("Timmins" or the "Company") is pleased to announce it has entered into a definitive agreement with Candelaria Mining Corp. ("Candelaria") to sell 100% of its interest in the Caballo Blanco Gold Project ("Caballo Blanco") in Veracruz, Mexico for cash consideration of US$12.5 million and the assumption of the US$5.0 million contingent payment.