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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 > Timmins holding
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Post by bobofet on Sep 09, 2016 12:14pm

Timmins holding

This is a bit strange for Timmins, yesterday and today it seems to be holding strong while others are down around average of 3%,,, this is unlike Timmins of late.... signed wonder why
Comment by bobofet on Sep 09, 2016 12:18pm
But I have noticed volumes are DRY...
Comment by intowin on Sep 09, 2016 12:21pm
I know for a fact we are to get news about the CEO position. Just don't know what the hold is. 
Comment by supersport454 on Sep 09, 2016 12:23pm
Intowin, who would you like the new ceo to be?
Comment by intowin on Sep 09, 2016 3:35pm
I have no opinion. I do believe it will be someone outside the company if a CEO is announced. Thought we would have heard by now. Makes me wonder if they're working on something bigger. Takeover???? JMHO.
Comment by own_quality on Sep 09, 2016 5:00pm
I've felt the same way all along.  There is no reason to hire a CEO if they are working on a deal.  If they do hire a CEO, then you have to figure a takeover isn't being actively pursued at this time.  I still believe that it is nearly certain that Goldcorp will be the buyer when the time comes.  I'd take an offer with a 50% premium right now, even though the ...more  
Comment by SilentRiver on Sep 09, 2016 6:00pm
Keeping in mind, the recent insider buy. There won't be any significant news in short term. But, Brack definately has confidence in the company.  glta Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction Volume or Value Price Aug 26/16 Aug 25/16  ...more  
Comment by Buzzkill1 on Sep 10, 2016 2:34pm
A 50% gain at this point would be a HUGE disappointment
Comment by goingtoberich9 on Sep 10, 2016 5:32pm
My thoughts exactly. If Goldcorp gets TMM for only a 50% premium then we're all getting screwed.
Comment by blue0987 on Sep 11, 2016 4:52pm
While most jurors with good economics/high margins are eventually taken out by major's or mid-tier's, of which create short-term up-side gains of 20%, 30%, 40%, or more, those shareholders currently holding Timmins shares at this stage of the companies growth curve would IMO see much higher gains, by forgoing any buyout, and letting the management team continue to de-risk, and develop the ...more  
Comment by vimyridge15 on Sep 12, 2016 6:38pm
thank you for this dissertation, however hedging by acquiring debt is what killed off many companies during the bear market. The SP depends on one thing and one thing only, the price of gold. I think they should hang in there as best as they can and not show desperation by being bound to a bank.  A higher gold price will cure what troubles this company and its' patient shareholders like ...more  
Comment by own_quality on Sep 13, 2016 11:10am
You can say that you want more than a 50% premium, but it isn't likely to happen.  Now the offer could come a year from today or it could come next week, but a 50% premium is normally the most you can hope for.  Whoi knows what the price will be a year from now or a day from now.  My point was that I'll take a 50% premium any time.  Of course it would be nice if the ...more  
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