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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 > TMM looks like it just
View:
Post by Goldhound3 on Oct 27, 2015 12:38pm

TMM looks like it just

might make a new 52 week low this week.. If TMM was so under valued as some analyst and others are saying then why has it not got taken out..
Comment by Czicfwillgetermit on Oct 27, 2015 12:52pm
The company being taken out may be the plan now that B is no longer running the show.  I see more of a transaction of share swapping  (if that is the goal) by another company as I doubt sentry went to all this trouble to sell the company for a 35% premium.  I guess that will all depend if the market buys the new mine plan.  Management waiting an extra week  to announce ...more  
Comment by philway on Oct 28, 2015 9:04am
CZic quit dreaming they don't fire the CEO when it's going great. Gold has also been far lower than last quarter representing at least $2 mil LESS in metal revenues. Nobody wants to take out a money sucking pit. Maybe at .08. Problem also is there dilution is also 300 million shares, with $13 mil due to Sprot in 8 weeks, plus the Newstrike and Goldcorp debt.
Comment by Czicfwillgetermit on Oct 28, 2015 9:27am
Sentry has been trying to make a management change for over a year and things were much better then in the sp department.  Im not sure the price of gold being 60 dollars less means too much if they produce more oz at a cheaper cost basis and trim 2 plus million off deferred strip cap ex expense.   We will see.   
Comment by timron1 on Oct 28, 2015 9:30am
CZ as another poster says don't subscribe to "hope and prayer" and the "Sugar Plum Fairy"