Timmins Gold Corp T.TMM

This week should be

[Goldhound3]

interesting as school is back in and investors might start to notice TMM and drive the price up to .90. If we can break a buck institutions might start buying in again

[Joseph_K]

Good luck with that.   I just read the SA article and while I agree about most of the author's conjecture, however lets keep it real.   Cash flow from San Francisco is not going to pay for Ana Paula.   After tax earnings and probably a future PP is what will cover the $120M plus that it will take. The article was heavily biased.   If you doubt it, ask yourself why they

[silverstarz]

 Not to be rude but you should have a read before you comment .  There is no way at this point that this production is going to cost $120 million to get going. With finding a refurbished mill we will get very close to funding production through San Francisco!  Debt financing is it out there for anyone in this market looking for it it's only about her time before we see a deal

[Joseph_K]

Fair enough.  The 120M+ I was referencing was from the SA article, but also from the companies own PEA.   Just out of curiosity, since you seem more knowledgable than I, when do you see the first gold pour taking place at Ana Paula?  How much will they have spent to get to that point?

[bobofet]

By now everyone should know it will cost a lot of monies to get Ana Paula going.... Timmins is making money to lower those costs,, they have money already to get us to start up..as with any big project borrowing cost and profit is an equation,, that equation is reliant on gold price.... if you have doubts on the gold price tanking don't buy.. if you have some sense that gold should and might

[Goldhound3]

Hopefully no take out offers till the stock hits a buck....