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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 > Gold sold has fallen FOUR straight quarters in a row
View:
Post by marpip3 on Apr 14, 2015 10:24am

Gold sold has fallen FOUR straight quarters in a row

Q1 2015   24,374 Au

Q4 2014   25,007 Au

Q3 2014   26,671

Q2 2014   33,000

Q1 2014   36,763

The Company achieved production of 24,374 gold equivalent ounces for the quarter.
Comment by Goldhound3 on Apr 14, 2015 10:30am
Not looking good..If gold produced continues to drop then the mine might shut down soon as there running out of gold..I would have to say management new that the grades are getting lower and lower so that us why they picked up these other projects..If they dont get these other projects online soon TMM will be worth a quarter
Comment by emgib1 on Apr 15, 2015 9:14am
Timmin's also needs this deal as production will drop to losses due to costs because of the low grades and a potential rainy season affecting out put. It did last season.  Q1 2015   24,374 Au Q4 2014   25,007 Au Q3 2014   26,671 Q2 2014   33,000 Q1 2014   36,763 The Company achieved production of 24,374 gold equivalent ounces for the quarter.
Comment by waynemerrick1 on Apr 21, 2015 3:53pm
So how are they going to solve this? they cancelled the pp   Q1 2015   24,374 Au Q4 2014   25,007 Au Q3 2014   26,671 Q2 2014   33,000 Q1 2014   36,763 The Company achieved production of 24,374 gold equivalent ounces for the quarter.