Timmins Gold Corp T.TMM

San Fran

[Aurum1983]

Hi everyone, it's been awhile since I came to this board. TMM is looking interesting again at 40c...i seem to remember that SF will remain open with POG at $1200. Any word on what's going to happen given we are solidly below $1150? Next question is whether TMM would have enough cash to finish Ana Paula with no income? There was a round of financing for 20M a while ago right? But that's not enough I suppose.

Anyone care to comment? I'm still undecided on this one.

[auburn2]

They have some hedging and were some while back stress-tested down to $1000 gold. Since then cash costs have some down significantly. Check the latest quarterly: ""Our cash costs for the quarter of $785 per ounce and all-in sustaining cash costs of $846 per ounce were particularly strong and were both 23 per cent lower than the comparable period of the previous year." So why would

[auburn2]

For your convenience here's the hedge: "During  the  three  month s ended  September  30,  2016,  the  Company  entered  into  option  contracts  whereby  the  Company purchased the option to sell gold ounces at a set price (“put option”) and financed the purchase price of this put option by selling  the