Timmins Gold Corp T.TMM

Torex knocks it out of park

[auburn2]

"Fred Stanford, President & CEO of Torex stated: "Today's high grade, under the sill, exploration results provide an exceptional start to the new year, and an equally exceptional opportunity to add significant resources in close proximity to existing operations. 3.4 meters of 10 ounces per tonne tends to bring a smile and an imperative to move quickly. The under the sill area can be accessed by a 600 meter ramp from the El Limon Access Road. This ramp has been collared and is already advanced more than 110 meters toward the target area. These results and the success rate of our exploration programs confirm our belief in the potential for mining in this area for generations to come. The results also open the possibility of finding additional 'sill type' targets in areas close to the processing plant. Further exploration of deeper targets will be conducted from the bottom of the ramp, once it is completed later this year." He added; "An updated resource estimate for the 'under the sill' area is expected in Q2/17.""

https://www.torexgold.com/news/torex-intercepts-high-grade-gold-mineralization-under-el-limon-sill

Only one company can claim to border Torex on two sides, and that is TMM.

[auburn2]

  24.15 · 24.25 0.9 24.25 +2.22 10.1 55.5 1,329 191 23.90  24.25  23.77 35.17  11.50 09:32:04 04:21 realtim Torex opens up 10%. TMM just became the hottest supermodel in the world. All eyes are on us.

[Goldhound3]

I dont think it matters that Torex hits it out of the park. If they wanted TMM they would have taken then out when the stock was at .20 cents. Even with Torex results TMM is getting pounded down again today

[auburn2]

My thinking is simply that it's special to border on two sides a major mining complex such as Torex has. They state they will be mining there for decades and that sounds reasonable. This is a first-rate gold belt. Torex already has a large market cap and a larger enterprise value and still the drill results sent the stock soaring 20%. Consider that Ana Paula is 90% unexplored. I really like