Timmins Gold Corp T.TMM

SELL OR HOLD???

[klondike123]

I see all the long-timers have sold and are long gone.

I own 975 shares of TMM at $1.69 cdn.....$1,600 Cdn Cost Basis

I am now down about 96%.....current value $120 Cdn

Should I sell and buy myself a steak dinner or hold and have this company do a reverse split and bottom basement financing?


KLONDIKE

[seanmac12]

Let's put it this way. You know each quarter coming is going to be horrible with huge operating losses and running out of money with penny financing to come. And with the high share float eventually a share consolidation. You might as well line this up for an early tax loss assuming you have capital gains elsewhere.  So yes get your tax loss for 2016 and get yourself a steak dinner.