Timmins Gold Corp T.TMM

TMM - Reverse head and shoulders

[redlakegold2]

The trend is strong. 
neckline at about 1.75

I myself strongly expect a breakout. 

Not to mention TMM is valued at 381m with the POG at 1350

A  very good buy my friends.

[tankumo]

Yes, the chart pattern is sort of like inverse head and shoulders, and also sort of like saucer and handle, very bullish formation. I might add it has a little handle now, hopefully it can breakout.

[sonofcroy]

ya it looks like the handle to the cup is a small cup and handle itself.this type of pattern with a rounded bottom usually results in a parabolic move up eventually.i think once it breaks the neckline it will be a very explosive move

[bobby621]

So in other words, your just guessing.

[sonofcroy]

well its a fact that its an accumulation pattern. what the pattern is called is irrelevant. so to answer NO. it is not a guess its an observation that makes chart analysts a lot of money.You probably wouldnt understand.

[bobby621]

How much money did "chart analysts" make from Feb. 25, 2013-Feb. 25, 2014 when it comes to miners? Sorry, bud, it's not that I don't understand the charts, I think predicting the POG and SP of miners is all a guessing game, unless of course you were fortunate enough to buy them at/near their 52wk lows.  In my case, I rarely go long, even if I miss out on a 15-20% gain, I

[HonestAbe]

I will add my few cents into this conversation.  I think gold has a little bit more to give near term, but not much, and my assumptions project possibly $1362 level before it hits a wall and sells off.  There is currently bearish negative divergence with gold mining stocks selling off relative to the creeping up rise of gold, and thus I suspect this is a likely near term scenario. So

[sonofcroy]

yes I do see gold petering out soon.but once it has a rest it will resume and get to at least 1400 before a correction.The stocks are not selling off but rather taking a breather and they may take off ahead of gold again while gold takes its rest. Normally I would sell everything as most of the gold stock indicaters are showing overbought but something is brewing especially with the extreme high

[redlakegold2]

This is a number game my friend. TMM NPV 381m with 1350 / oz POG. TMM NPV 266m @ 1340 /oz 1.The chart says breakout. 2.The numbers say undervalued. 3.Annual report coming out soon. To each his own, but if you honestly  theres going to be a sell off of GOLD- your reasons are flawed Gold is a hedge Abe. Nobody in their right mind is gunna sell all their bullion after it goes up 50 bucks

[pdcon1]

last time tmm traded at 1.63 was in oct 2013 when gold was trading around 1350as well. is this a coincidence or what . this is excluding a january tmm  move to 1.63  with a 1250 gold price .  according to its peers tmm should of broke 2 dollars by now but could be putting itself in an over sold position now .

[sonofcroy]

It is not forming a top and will only go sideways or up but not down i say up

[pdcon1]

i think a lot of panic selling from those who expected gold to correct that didnt happen and decided to sell  . all low volume and took advantage of the low volume . this was tried before but didnt work. could be some  trying to bring the price down to accumulate , tomorrow is another day . golds rescent run up from 1240 to 1340  scared a few  and we must get over next

[redlakegold2]

TMM was at 2.10- 2.40 in july - may when gold was near those prices. The only other time TMM was at 1.63 with gold at 1350 was in September when the POG was on a bear run. It was oversold extensively. I remember those months well acually/ You my friend need to re-check what you say- as it isnt supported with reason. My statements on the other hand have a level of truth towards them.

[sonofcroy]

I have made a 400% return on my money since last summer on only mining stocks and my trades are based on charts every time. I have not made one mistake. You can call it luck if you like but once you understand the near perfect science behind chart analysis there is no going back. most of what I made was during the decline in gold last year going long on only mining stocks.bear market bull market I

[sonofcroy]

you do yourself a disfavor to never go long.so i guess you never got to take advantage of the 2000% returns that a lot of the gold stocks gave from 2008- 2012. thats too bad.I feel sorry for the blind

[pdcon1]

tmm was in an over bought situation last 20 days with a lot of volume in the millions , gold never showed any weakness but some got a bit anxious today and started locking in profits and brought the share price down a bit , nothing to worry about we could gap up this loss tomorrow without a problem , most got caught by surprise today , but this is only the first leg up , and fundamentally TMM is

[bobby621]

You asked for it, now you'll have the opportunity to answer and prove to this board, your not full of $HIT. I usually don't like picking on members but you're the exception. Let's start off: On June 9 you posted: https://www.stockhouse.com/companies/bullboard/v.hda/huldra-silver-inc?postid=21504745 You bought V.HDA at .29, you were considering buying it at $1.30 and decided at .29

[sonofcroy]

wow sounds like someone has NO LIFE. who spends there evening going thru peoples post history. that is just hilarious. you made my nite.wow am I ever happy to not be you.

[sonofcroy]

on another note I answer to no one on this board and have to explain myself to no one.I could care less who thinks or doesnt think ive made good returns means nothing to me at all just you person with no life

[redlakegold2]

I agree and i disagree. I think this son of a cry is just a godamned moron. Perhaps a pumper but i doubt it.  Pumpers cant be that stupid.

[sonofcroy]

I expected the breakout to happen today when i woke up to gold up$12 and after analysing the charts friday but it looks like the stocks just got a little ahead of gold and will take gold breaking 1350 to get these stocks going again.based on the charts the market is expecting gold to break this level no problem. I too see the neckline at 175 and when it is broken it should take us to $2.40 no