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Bullboard - Stock Discussion Forum 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 Discussion

Timmins Gold Corp > Maybe someone else may be asking the same question
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Post by fb454 on Jul 25, 2013 1:35pm

Maybe someone else may be asking the same question

Most of my fellow stockholders I speak with are wondering if ther is something wrong underneath the last press release. My answer is absolutely not. Timmins is adjusting to the present gold environment.  That`s like any family adjusting their monthly budget if the rent goes up, if groceries go up or fuel increases. Timmins should be rewarded for having the flexibilty to do so. Take a look at other miners out there. We are the cream of the crop among our peers. As allways, continued success to all longs.
Comment by luker222 on Jul 25, 2013 4:37pm
This post has been removed in accordance with Community Policy
Comment by bob4977 on Jul 25, 2013 9:53pm
The last press release said they produced less gold than they did in Q1 and they were not going to pay the Sprott loan off in July like they said in their Q1 conference call. And they are also re-evaluating further expansion. Those are not rosy statements and the market reacted to them to push the stock down. I managed to buy around $2 a few weeks ago and will buy more if the price goes down to ...more  
Comment by fb454 on Jul 25, 2013 10:46pm
Bob, great summary. We also added down here. I wonder how many other miners would love to be in Timmins shoes right now?  Bob, I`m thinking that TMM could be a takeover target right now. We are less expensive now than at $1800.00 gold. Plus, with the new plan brings more reserves. Price goes up.
Comment by blade86ca on Jul 25, 2013 11:27pm
Company Name Symbol Notes Date Signal Expert Opinion Price TMM-T 2013-07-25 BUY James Hodgins Has been a bit of an underperformer, but it looks good on valuation, cash flow growth and production growth. It could be a take-over target. / ...more  
Comment by bob4977 on Jul 27, 2013 10:56am
fb454, I only wish that Timmins was my worst performing gold stock. I think I am still up on this stock but am seeing a sea of red on most of my other miners. I would have to assume that Timmins was in a good bargaining position in order to get Sprott to waive the extension fee. I apologize for not knowing the details but there was an analyst on BNN a couple of days ago that did mention TMM as a ...more  
Comment by fb454 on Jul 27, 2013 2:43pm
Bob4977, You make alot of sense. This is the 3rd time TMM has been mentioned on BNN regarding being taken over. It happened about a year ago, again a few months ago and now a few days ago. I think TMM is more of a takeout prospect at $1400.00 gold rather than at $1900.00 gold where everyone`s making plenty of profits. With the new mine plan comes more reserves and therefore an increase in TMM ...more  
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