Timmins Gold Corp T.TMM

Started nibbling

[ryanlast]

I thought we would see a drop into the .20s and we did. I took a position as this is just to bloody undervalued. On Feb 17 2015 less then a year ago timmins announced they are buying out newstrike a deal worth 140 million. Now fast forward 7 months and the whole company is worth 78 million. It truly is mind boggling. Ana Paula is a great asset and it is the future of timmins. Soon we will get more news on ana Paula.

[ryanlast]

Sometimes I think investors forget that timmins owns Ana Paula.

[twonxanity]

Could we not just simply sell the Newstrike Assets for $100 million, buy back shares and add to balanace sheet. I dont get how the share price makes any sense at all. Not saying we should. But it makes no sense to be this low when they have  a producing asset and 2 others that were purchased and should be worth money still. As for San Francisco I expect the mine to improve economics

[pdcon1]

not a good idea to sell part of tmm , if sold they must sell everything . The other property will bring tmm to 350,000  oz gold with a lot higher grade .  new gold plans to mine in rainy river  by both  heap leach and under ground , this is what were waiting for at san fran  momentarily . New Gold will spend roughly 850 million to  extract 350 thousand oz per year

[ryanlast]

Ana Paula is going to come in much cheaper then that my friend. There working on some numbers and we will hear something on that soon. I was a huge fan of newstrike and to see the combined company this cheap unbelievable. Ana Paula is going to be a very very low cost producer. It will be highly desirable. Cayden got bought out at over 200 million by agnico last year. I would argue that today's