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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 MisterBon Jul 14, 2016 2:14pm
274 Views
Post# 25053154

RE:TMM now at .61

RE:TMM now at .61
Don't forget, TMM traded millions and millions of shares between .30 and .60.  I think it was in the range of 120M shares traded in that range on the way down, so everyone should expect those shares to be sold at some point after waiting x months to get back to break even or a small profit.  This is where we are.

I don't see this as "trying to hold the price down"... I see this as many shareholders that bought in this range taking their profit.  At the same time, TMM is establishing a nice foundation in the .50 to .60 cent range.  Nothing goes straight up and stays there.

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