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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 share float may reach 400 million/more financing
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Post by johnfever21 on Jan 04, 2017 2:31pm

Timmins share float may reach 400 million/more financing

With gold that dropped off a ledge they will need more cash this year, maybe two more financings for 2017. current share float 355 million. where is the rollback as stock price will continue to stagnate or drop further. 

 
Shares Out.: 355,628,602
Comment by Goldhound3 on Jan 04, 2017 3:13pm
I think the reason why TMM is stuck at this level is because of the massive float it has, so unless gold hits 14 or 1500 dollars an ounce I cant see the price moving much higher than .60 and if gold does drop to a 1000 look out below. Only play with what your willing to lose cause all these jr miners are a huge gamble
Comment by auburn2 on Jan 05, 2017 12:57am
John, alias, I know you're a troll, but Ana Paula should support a sizable debt facility. That alone would finance the project, but TMM would also be able to finance it, fully, from SF's cash flow. So I just don't see the need for the dilution you are suggesting. If you have facts to add to the discussion, do so. This guy likes the company and is where I got my information on the debt ...more  
Comment by auburn2 on Jan 05, 2017 1:26am
https://www.swissfunddata.ch/sfdpub/docs/fsm-3442_00_02-20161031-en.pdf Corrected link to the Oct commentary.
Comment by goldnevada1 on Jan 16, 2017 3:32pm
auburn2. Since your a new fake id account created a short time ago. They are NOT supporting the new project from revenue as you suggested. They are and will continue to take out public financing to build this next project. 400 million shares of dilution coming along with stagnation of stock price. already at 355 million (without warrants). Your following inept comment.  "but TMM would ...more