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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

Comment by azstetsonon Jul 06, 2016 4:39pm
155 Views
Post# 25029140

RE:RE:RE:TIME to be very careful with TMM !!!!!!!!!

RE:RE:RE:TIME to be very careful with TMM !!!!!!!!!Right now gold is going up 1% a day, and Wells Fargo is paying less than 1% a year.  Better than Europe and Japan I guess, but hardly worthy of the argument that gold doesn't pay interest.  Is there downside risk ? Always, but the trend is your friend, and can go on far longer than you think.  There will be a pullback, and I will buy again.  I am not selling my miners, but since most have doubled +, it is pretty easy to hold.  There were plenty of bankers that said not to buy in Feb-March, forecasting gold was going to 1050. They were wrong then, and now they are fighting the trend. It won't be any easier to buy at 1500, but people will pour in at every level. Nature of a bull.
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