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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 25, 2016 1:14pm
170 Views
Post# 24903465

Just for the record TMM with sell casa blanca DEBT FREE

Just for the record TMM with sell casa blanca DEBT FREETD analyst has TMM target $.75
Scotia  "      "        "      "        $.50
Average 8 analysts "   "       $1.50

Fact:  TMM production 25000 au oz @ $1160 au oz  > profit $6.3m

Current gold @ $1223.3 therefore increase $1.59m  total $7.89m

or on a yr basis $31,56

Ana Paula projected production 116000 au oz $1223.3  > 54.9m yrl

No problem raising the 100m capital for ana paula

cheers 
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