Timmins Gold Corp T.TMM

Ridiculously Low P/E

[Joyce1952]

Reporting this Thursday.

[wontee]

Could it be they are pricing in a write down?  Barring any negative surprise, it should not report any write down.  This day to day ‘tapering’ talk is intended to get gold price lower and lower each day.  Hurting all gold miners is the by-product.

[Presclubs]

This sp movement is all due to gold price staying below $1300.  A lot people burned in the last few months.  If gold were to drop to the $1100's again, it would be carnage.  If it goes right back up in the $1300's and stays there I imagine a lot of these good companies will go back up.....sign of the times.

[blade86ca]

Perhaps the quater results for tomorrow morning got leaked and they may not be so good ? kinda worrisome it broke $2. Any thoughts on what to expect tomorrow ?

[wontee]

For simple calculation excluding thing that we don’t know like leaking, they produced 28,000 oz.  So far, most miners reported an average gold price of about $1,380 and average all-in sustaining cost of $1,000.  It should make $10,640,000 before tax and .05 per share after 30% tax.  It is just a rough estimate.

[wontee]

Sorry, I was off on the average gold price by $126. (Too bad they sold in the lowest gold price period benefitting the manipulator.) It reduced our revenue by a $3.5 million. And the $5.5 million impairment charge on the stockpile combined for a total of $9 million profit reduction from my rough estimate. On the positive note, we are still making profit in this tough environment. We should do very

[blade86ca]

whenever possible, could someone put up overview of conference call please , that be much appreicated , Thanks in advance , judging by the SP reaction looks like alot of investors liking the call.

[strikezone1]

Unfortunatly this company is notorios for leekage, big boys and friends always make money, for the most part Management is solid, but they need to plug holes, have not seen the news but i do watch the trading