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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 > Gbenga when a company has 5 straight production declines
View:
Post by textter on Aug 07, 2015 2:55pm

Gbenga when a company has 5 straight production declines

and the last 2 being operating losses while selling gold when it was over $1200 how would anyone expect a different result coming with gold $125 per ounce less since? Look at the last 5 financial reports and note the continuous cash lost.
Comment by pdcon1 on Aug 08, 2015 1:05pm
last quarter  tmm had 0 loss per share  check out financials . Golds friday  close of 1094 is a positive for the week with tmm hitting 37 cents high looks like bottom is here for gold and tmm . gold oversold  and tmm oversold as well . brighter days ahead  jmo
Comment by frankman on Aug 10, 2015 1:39pm
Uh they lost 2 million dollars last quarter and are losing at least a million a month now in cash. Dbt also coming due.
Comment by Goldhound3 on Aug 10, 2015 3:30pm
Just get an extension on the debt till gold prices get back above 1400
Comment by pdcon1 on Aug 11, 2015 7:13am
gold over 1111.00 now china just devalued renembi 2%  U. S. to follow in this currency war .
Comment by Goldhound3 on Aug 11, 2015 12:18pm
Gold is having trouble staying above 1110. We need to close above this level for a couple days. If gold can do that then that would be seen as a bullish sign. If it cant we might see another crash in gold. Time will tell
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