Timmins Gold Corp T.TMM

They still need at least $100 million to develop Ana Paula

[johncolt]

The current mine is barely treading water. We again warn you another massive financing will be needed and a possible share consolidation of the massive 318 million share float to develop Ana Paula.

Shares Out.:

318,506,686

[rwhitts]

Need huge financing and mega dilution to develop it. They need a share consolidation  Timmins Gold Corp (C:TMM)  Shares Issued 318,506,686

[jcja]

first, demonstrate they can cut costs per oz by $200

[Aurum1983]

quit babbling about share consolidation. TMM doesn't NEED it. Does it look like it's getting delisted for failing to meeting min sp requirement??? No selling pressure here. Stop trying to turn good new into anything less. The company has come out of the valley you can't deny that. Ana Paula can be a streaming deal or as other poster said TMM is now a potential takeover target. All is

[palmpilot]

Wouldn't a streaming agrreement for a hundred million add more massive dilution? And there are numerous companies available at discount for takeout.

[Aurum1983]

No dilution. I 'm tlakin about an early-exit scenario where TMM gets money upfront for all Ana Paula future production perhaps with some kind of buy back options. it would be better if it can get financing given the uptrend in gold. TMM has close relationship with a major which is a plus in a takeover. Also come to think of it a share consolidation may not be a bad idea at least will deter

[DEH1]

Aurum1983:   Right on > I challenge him to produce just 1 Gold miner that has the potential to earn .$.17 per share Barrick Gold has over 1.6 million shares & is currently  50 times higher in price than TMM & had a loss  Q1 - $3.12 per share Cheers

[DEH1]

Hell it would have been  wellover $200m but  was reduced with" the complete process plant and select auxiliary equipment used in the operation of Goldcorp's El Sauzal mine in Chihuahua, Mexico. The El Sauzal mine was operational until December, 2014, when it began its closure. The plant has been acquired by Timmins Gold for future use at its recently acquired Ana Paula

[strikezone]

go away jack-knob

[DEH1]

strikezone:  I donot see the $100m as a problem "During the quarter we completed and updated the Ana Paula PEA to incorporate the El Sauzal facilities acquisition into the capital estimates. The CapEx now has been reduced by $42 million which results in an after tax NPV of $248 million with an attractive IRR of 43% using $1200 gold. Current status of the dismantling the relocation of