Timmins Gold Corp T.TMM

Gold still way below profitability expect a loss coming

[goldnevada1]

They started losing money at $1221 gold. a good less in metal revenues coming equals bigger loss.

 SPOT MARKET IS OPEN

closes in 6 hrs. 34 mins.

Sep 02, 2015 10:41 NY Time

Bid/Ask	1134.00/1135.00
Low/High	1132.50 / 1143.40
Change	-5.80	-0.51%

[BREAKtheCOMEX]

You are assuming the grade and strip ratio will remain the same.  It never does.   MXN peso has gone way down also making expenses cheaper realative to the US$.

[pdcon1]

completely opposite with a weak peso makes expences less costly .

[cindfx1]

And they still have no clue what the costs are and are STILL searching for places to mine. and gold has dropped significantly since the last quarter since $1216 last quarter gold sold