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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 > And Ana Paula NEEDS $100 MILLION for PRE production
View:
Post by ronnywing on Sep 21, 2015 1:27pm

And Ana Paula NEEDS $100 MILLION for PRE production

They are going to need to dilute to 500 mil shares or do a rolllback. Timmins debt NOW exceeds cash remaining.
Comment by twonxanity on Sep 21, 2015 4:32pm
How much debt do they currently have and how much cash do they currently have? How much after the deal closes?
Comment by sasasa123 on Sep 21, 2015 7:11pm
would they pay cash for this deal. Nooooo you fool. debt with low interest rates. This company survived welll at gold(5 yr low). Little rise in gold and shoooooooo