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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 > controlling position being acquired in open market
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Post by woolco on Jun 13, 2014 3:31am

controlling position being acquired in open market

seems like Raymond james and sentry are both acquiring in large volumes. I expect this to continue 1) at share holder meeting they will have a stronger position to change out/influence board to create fast shareholder value. 2) it's driving up stock, which should reach 2.25 to 2.50 at these volumes and a decent gold price. Weak hands are pretty much cleaned out under 2 dollars per share.
Comment by firecracker74 on Jun 13, 2014 8:30am
This post has been removed in accordance with Community Policy
Comment by stranger5 on Jun 13, 2014 9:00am
      "As of today, any new shares bought cannot be voted at the meeting." -----------------   I dont think it matters so much fire cracker as all the good juniors are moving up and some not so good companies ! That's the trouble with selling and hoping for the price to drop to buy back and have some pocketed cash . Most of the time the market ...more  
Comment by firecracker74 on Jun 13, 2014 10:18am
This post has been removed in accordance with Community Policy
Comment by cheynethemachine on Jun 13, 2014 10:27am
There may be some profit taking, but I expect this to be on an upward course to the meeting, and possibly a huge swing at the meeting. There are a lot of people that are waiting for this company to reflect its true value, today still nowhere near that point.  Current value should be 2.25 or so, and if a shareholder friendly board takes over you may also expect some takeover bids one way or ...more  
Comment by stranger5 on Jun 13, 2014 10:39am
  I tried selling some shares a while ago to pocket some cash and wait for pull back , but it did'nt go that way and I lost a hundred shares only . But I'm glad I bought back then as I still made more on price rise . Just pure blind gambling any way you look at it unless you have inside info .
Comment by strikezone1 on Jun 13, 2014 12:16pm
<br /this from a guy that has sold position to cash in profit's, hope it run's his="" from="" a="" guy="" that="" has="" sold="" position="" to="" cash="" in="" profit's,="" hope="" it="">
Comment by strikezone1 on Jun 13, 2014 12:18pm
from a guy that has sold his position, shame on you
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