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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 approaching $80/oz below gold sold operating loss
View:
Post by textter on Jul 15, 2015 11:50am

Gold approaching $80/oz below gold sold operating loss

Tmm had an operating loss at $1221 gold sold. expect not just this report coming to be a loss but with gold continuing to fall expect a string of losses unless they cut costs or put mine on care and maintenance to preserve cash

SPOT MARKET IS OPEN
closes in 5 hrs. 31 mins.
Jul 15, 2015 11:44 NY Time
Bid/Ask 1145.60/1146.60
Low/High 1141.80 / 1156.30
Change -9.20 -0.80%
30daychg -40.60 -3.42%
1yearchg -148.00 -11.44%
Comment by Goldhound3 on Jul 15, 2015 8:32pm
How long do you think TMM will be able to keep operations going when they keep operating at a loss..I heard gold is going to stay below 1200 for at least a couple years unless some world issue happens...
Comment by 20dollarsilver on Jul 15, 2015 9:57pm
what do you think the chances are that  "some world issue happens" lol.
Comment by Goldhound3 on Jul 16, 2015 10:54am
What I should have said was its going to take a major news for gold to head back above 1400.00. Something like the US defaulting on the debt
Comment by Mooneyman on Jul 16, 2015 4:49pm
Here's your "world issue" Isreal decides to bomb Iran's nuclear plants BEFORE Iran can "make weapon grade uranium". Wonder how much gold will be worth then? Should I even mention the other world issues involving Russia & Ukraine; China and the Spratley? Islands; Europen debt; US debt; How many do you need to hear? I'm not saying any of these WILL happen - but I ...more  
Comment by johncolt on Jul 17, 2015 8:51am
You can dream and fantasize all you want. Investing on maybe and ifs is foolish 
Comment by Goldhound3 on Jul 17, 2015 10:59am
Looks like gold may hit a 1000 long before it hits 2000.. You need to understand the US is in control of where they want gold to go and at the moment they want it way down so they can purchase it cheap
Comment by pdcon1 on Jul 16, 2015 11:01am
sounds like textter is the official spokesman for tmm  , didnt see his name on the tmm board of directors . wonder who is paying him for all this valuable info .
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