Summary
Timmins Gold has acquired Goldcorp's El Sauzal processing facility for a ridiculously low amount.
That's a stunning move as it will reduce the Ana Paula capex by $40-60M.
This will increase the NPV by approximately $50M, and the after-tax IRR to close to or in excess of 30%, even at $1100 gold.
Introduction Timmins Gold's (NYSEMKT:TGD) saw its share price
...more