Post by
Platin2014 on Aug 15, 2016 2:29pm
Low SP
I am not aware about any other producing Gold miner being traded that low. Good news out, good financials Q2, good outllook - SP in the red, stupid market. We should be well over a buck IMO. Who has an interest to hold SP at current levels? For weeks now last minute selling at the end, the selling on Friday. My guess is, someone whants to take over TMM for pennies on a Dollar.
Comment by
bobofet on Aug 15, 2016 4:30pm
I think its just a matter of time before we move but its a bit weird I agree.... and gold has been trading sideways if we get hit with a drop of 20 0r 30 dollars on gold we may see Timmins down in the 60 again.
Comment by
xyz_trader1 on Aug 15, 2016 5:01pm
every gold stock will go down if gold price goes down 20 to 30 dollars. Note September is usually a strong month for Gold price appreciation according to kitco.com If we get the confirmation that San Francisco can go on for 2 more years, the SP will pop over 80 cents. xyz_trader1
Comment by
flamurtari1970 on Aug 15, 2016 5:06pm
...or mabye Timmins is getting close to have a permanent CEO; could be Mr. Backens or someone else and once the news is out things might fall in place...
Comment by
Platin2014 on Aug 15, 2016 5:17pm
...at least the company presentation gets an update, will be out this week-may be, dont know how long it takes