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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 > Conversation
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Post by intowin on Jul 01, 2016 10:25am

Conversation

In a conversation In had with Alex shortly after Q1 results. He said they were looking to do some promoting of the company not just here in Canada but in the US and over seas. Something is definitely up.
I still think they will be bought out sooner than later. Ana Paula it to attractive to pass up at current share price.
 GLTA
Comment by 20dollarsilver on Jul 01, 2016 11:56am
what price are you thinking for a buyout?  would 80 cents get it done?  i am hoping for more. with gold on the move this could easily get over a dollar this year if they can hold of any suitors.
Comment by intowin on Jul 01, 2016 12:18pm
I can't put a price on a takeover bid. I for one don't want a takeover. But that's the direction I believe they are taking the company.   Up 25% on heavy volume today with heavier volume in the past week says something is brewing.
Comment by DEH1 on Jul 01, 2016 12:18pm
20dollarsilver:  My question which I would like an answer to is: Should TMM reach $.33 per share, with addition Ana Paula what then should TMM's price reach ???? Cheers
Comment by DEH1 on Jul 01, 2016 12:42pm
Should read > Should TMM's net "earnings" reach $.33 per share with  addition Ana Paula (completely debt free) then what should TMM's price rise too ????
Comment by 20dollarsilver on Jul 01, 2016 1:01pm
the sp would be multi dollars but that would be a few years off.  i agree that ana paula is one of the world's best un-developed gold deposits. that is why i think with the gold price rising,the chances of a buyout here are increasing every day.
Comment by DEH1 on Jul 01, 2016 2:03pm
20dollarsilver:  Why a few years ?  All the equipment for the mine bought from Goldcorp Is at the Ala Paula sight ready to go when Backens so orders which I expect to see in maybe in a week or so. Good luck to all
Comment by 20dollarsilver on Jul 01, 2016 10:26pm
i hope you are right. when word gets out that ana paula is going into production the sp is going to skyrocket,imo.