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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 auburn2on Feb 09, 2017 6:23pm
300 Views
Post# 25825547

RE:RE:RE:Looks like were going

RE:RE:RE:Looks like were going
It is different now because before there may have been suspicion or knowledge about an equity raise. As said before there may be some pressure on the stock because of the 75 cent warrants, but in fact the short interest at last reading is extremely low. I like buying into companies after they have raised equity and after the shares have flooded the market, which is what I did here. As long as gold reasonably cooperates there should be no need for any further equity raises, so good news should have a better effect than before this raise. ITG continues to bolster a very large position, adding another 11,200 without any spooked out of any the shares already accumulated.
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