Timmins Gold Corp T.TMM

Caballo is a done deal

[pdcon1]

didnt do much for the share price  but these days progress seldom does . If this deal happened 6 months ago we would of broke 2 dollars a share  and now were under 1 dollar considering were one of the few producers in the profit margin with an initial cost only 10 million and the rest in shares .  January will be very interesting as we go forward . As far as gold price prediction , what do you really expect from investment firms with bank affiliates where cash is king  , If TMM could only hang on to some of its gold at this price  .

[fb454]

PDCON1, that`s say`s it all. Timmins is trading about the same price we were at right before production. Not many investors are willing to do their own due diligence when it comes to investing. The narrative out there isn`t the best.Thanks for your insightfull posts.

[pdcon1]

TMM had to buy something to off set their tax base for 2014  , and done at the end of the year was a good move   ,  if you look at the Dow and gold comparison since 2001   gold stayed parallel with the DOW  until 2011  and even in the 2008 crash  suffered a decline as well. In 2011 gold started to deviate from the Dow  and move opposite direction

[Pepelepieux]

Goldgroup shares have been pummeled lately as investors had been in the stock for the upside of Caballo Blanco, and the firesale of Caballo has raised huge concerns about what event could be constructive going forward.  The shares now trade at way below the price received for Caballo! What Goldgroup gained is a way to totally derisk the company with the cash received, even if gold totally