Timmins Gold Corp T.TMM

Philip Ker

[zutfie]

Philip Ker, PI Financial (8/8/13) "Timmins Gold Corp. announced its Q2/13 financial results, reporting net earnings of $1.0M or $0.01/share and operating cash flow of $12.1M or $0.08/share. . .the company continues to maintain low cash costs at its flagship San Francisco mine. . .with further increases expected to San Francisco's crushing capacity up to 24 Ktpd by Q4/13, we continue to anticipate growing production levels over the course of 2013. . .the company's cost and production profile remains attractive under tighter margins from weaker metal prices, and we believe upside exists for Timmins as the company continues to minimize capex and strengthen its balance sheet."

[jims101]

Trading at six point two times annualized cash flow...That's not over priced unless one expects lower gold prices...Nothing very positive to say about the chart. https://stockcharts.com/h-sc/ui?s=TGD&p=D&b=5&g=0&id=p61796228075&a=295770704&listNum=1 though on any absented mined trust down in gold here in late August that takes the stock to its lows, additional