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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 Caleb333on Jul 31, 2016 5:58am
202 Views
Post# 25099013

NAV

NAVIgnore deceptive posts regarding Net Asset Value. Actually, to properly value TGD you need to apply a combination of NAV (the stuff in the ground and B/S net assets @ FV + discounted Cash Flow and/or capitalized earnings. This is paper napnik stuff. But on the high quality paper napkins I use, the NAV for lack of a better term is more like $1.75 to $2.25 in US dollars (sorry, I'm loaded up on the American side for forex and tax purposes). 

So go ahead -- sell. But use the good paper napkins!

Cale
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