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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 > This Ship is SUNK - hate to say it but ...
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Post by gbenga on Nov 04, 2015 2:27pm

This Ship is SUNK - hate to say it but ...

I held on as long as I could ... but my advice to those who have significant position, cut your losses. Nothing good can come out of this.  If bankruptcy is absolutely out of the possibility I would hold on.  But at this point it has become a zero-sum game and the inevitable end is $0.02 range and then insolvency!!
Comment by intowin on Nov 04, 2015 6:58pm
Glenda check your in box.
Comment by Czicfwillgetermit on Nov 04, 2015 7:15pm
Who can fault that strategy.   Big qtr loss, mine probably closing, cash mostly depleted, tax loss season.  Hovering at 52 week/all time low. I do see a takeover or takeunder coming, the 64 dollar question is at what price.  I wont be far behind if it keeps up.  
Comment by intowin on Nov 04, 2015 9:10pm
Sorry. Should have checked my spell check. Message for gbenga.