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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 > From the NR about blaming it on rain and lower grades
View:
Post by seanmac12 on Mar 18, 2015 3:52pm

From the NR about blaming it on rain and lower grades

"This represents a 46.1% decrease over the prior year. Increased production was offset by reduced revenues resulting from the lower gold price and an increase in production costs resulting from decreased grade, record rainfall and higher diesel usage.

Hurricane season starts in April. I think it rains then.
Comment by pdcon1 on Mar 18, 2015 8:01pm
the fed removed the word patient out of the text of raising interest rates which means no interest rate hike that is good for gold short term . to make a long story short here is my previous post . by the way my sell position is 2 dollars short term . i hold thousands of tmm shares  and will not sell below 2 dollars post is here sorry cant paste article  log on to previous pdcon1 posts ...more  
Comment by mattbigham on Mar 18, 2015 9:04pm
Re: "Hurricane season starts in April. I think it rains then." Seanmac12 Location: The San Francisco Mine is situated in the north central portion of the state of Sonora, Mexico, approximately 150 km north of the state capital, Hermosillo. The project is located in the Arizona-Sonora desert..... July,August and September are the desert's wettest months. March thru June is the dry ...more  
Comment by handyrandy321 on Mar 19, 2015 9:27am
Matt. Allied Nevada just increased gold and silver production and is going bancrupt only weeks after announing increases. Timmin's all in cost jumped in Q4 to $1045. That should ring some alarm bells.  
Comment by pdcon1 on Mar 19, 2015 9:40am
there is a big difference when you produce 130000 oz of gold and another 80000 from calballo with minimum  investment and ana paula high grade with over 5 million gold oz proven to drop production costs under 500 per oz ,
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