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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 fb454on Apr 04, 2017 2:20pm
158 Views
Post# 26074604

From the new power point.

From the new power point.Major Shareholders • Goldcorp • Sentry Investments • Lundin Group • Sun Valley Gold.
       Notice in this list of major stockholders are 2 mining co. By Timmins now proving up S.F. for the next 5 years and drilling a pre-feasability at A.P.; Timmins is taking risk off the table. In my estimation; if the price of gold stays steady or moves up from here, TMM is a prime takeout candidate for a larger junior or major looking for instant positive cash flow with low cost, high profit package to boost their balance sheet. This picture should present itself sometime towards the end of Q2. Best of success everyone.
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