Timmins Gold Corp T.TMM

AGM Results

[bob4977]

Did anyone else notice that Bragagnolo, Bonillas and Hodgson barely got enough votes at the AGM to get re-elected. Someone with a lot of shares does not approve of these 3 men.
Bob

[honestlybusy]

This post has been removed in accordance with Community Policy

[blade86ca]

Perhaps that why we been trading at a discount for so long , Thought Bragagnolo was beloved but doesnt look that way . SP being discounted because of them

[honestlybusy]

This post has been removed in accordance with Community Policy

[fb454]

Blade86ca,  Through my due diligence over the past 2 plus years, I find the opposite. Their leadership and hard work has taken us from acquiring the San Franscisco mine and bringing it to 125,000 ounce production in about 5 years is incredable. When they starting TMM gold was around $800. That was a tough environment to raise cash for a rebuild.  It was the same scenerio that we have now

[blade86ca]

fb454, I am not trying to diss management team as they have done a good job getting this mine going near the '08 period and they have kept their cash costs down nicely. Just trying to wrap my head around reasons as to why our PE always at discount compared to likes of AR, BTO etc aside from the current POG. Maybe because they have much larger resource base and multiple mines, One day if we

[fb454]

Blade86ca, thanks for clearing that up. I agree with your summation of the way TMM is valued compared to it`s peers. Some of the companies we`re compared to have a larger cash postion, larger reserves and a successful track record of mine building. This is the process that TMM is going thru. Let`s say they build a cash position of 50 million plus, reserves of 2 million ounces and mining from a

[Hourglass11]

Part of the frustration with the management of this might be the fact that of all the Gold juniors that I follow (AR,BTO,P, NGD), TMM has rebounded the least from it's lows of the past year. JMHO

[fb454]

Hourglass11, agreed, from the stocks you mentioned. I wouldn`t be surprised to if managment felt the same way. They do follow their peers and competition. After all, that`s good business.

[bob4977]

TMM has definitely been lagging lately but they have not fallen as much as most of my other gold stocks in the last couple of years. I have been reasonably pleased with management so was quite shocked that large investors almost got 3 key execs kicked off the BOD. Couple that with a share price that badly underperformed in the last month or so and I would say there is something fishy going on here

[strikezone1]

I dont want to be takenout until we see the fruits of all the drilling and full put through, they have some loose lips in their circle that must stop!!

[blade86ca]

when is the new mine plan and new drill results coming out ? anyone know approximate date

[fb454]

New plan is expected in September. No date

[TimTimmins]

New mine plan is going to have to be somethimg pretty awesome to move this stock after a 30 jump in gold and a million shares the best TMM could muster is.....2 cents!!