Timmins Gold Corp T.TMM

Hello everyone,

[fb454]

I haven`t posted in a few months. The issues Timmins has is holding the stock back. It`s taking too long to find a CEO.  14 months for a company this size doesn`t make sense. They told us that below 1300 gold they will shut down San Fran. They communicate with stockholders once a quarter. They are not moving the company forward. They don`t atttend and present at any forums anymore. I follow most of them. They are invisible within the investment community. I`ve been on every conference call for 7 years. No one attends their calls anymore for the above reasons. 
      They need to get a ceo, a p.r. program, whatis up at San Fran with 1200 gold and what`s the progress at Anna Paula. As soon as these are addressed, we should see renewed interest. Best of success to one and all.

[auburn2]

I'd imagine there's top rate talent competing to be the CEO. It takes time to choose the right fit. He's going to be here leading the company through a transformational stage and you want to get the best person you can possibly get. TMM brought in Ana Paula at the bottom of the market. AP is the real jewel here but they do have a very large, appealing land package surrounding the SF

[zzthnx]

To me, it almost seems as if they're biding time, waiting for the right buyout package to accept.

[intowin]

Ditto.....thought of that as well. Should have found a CEO replacement by now.

[Platin2014]

To be hornest, I dont now what to think. I have a good junk of money in TMM and I am convinced the company is worth it, no debt, millions in the bank SA hopfully in production 2019, peers running at least dripple the SP. San Fran is making money even at current Gold price(with a good outlook), so what to heck is going wrong here? it can not be only the vacant CEO, may be you are right that a

[intowin]

I posted months ago that the delay had something to do with the sale of the company. The financing and paying off the debt makes them much more attractive now. There is more going on behind the scenes than we know. JMO.

[intowin]

Let us not forget one of the reasons Bruce was fired. One of their largest shareholder if not the largest, Sentry, was open to takeover offers and Bruce wasn't.  No debt, lots of cash in the treasury, a producing mine, and one of the best undeveloped high grade deposits in the world.  With the share price where it is now. It's a gift to a major.  Again ....JMO.

[Goldhound3]

Maybe you guys are right that a buyout might be coming as that might be the reason someone is continuing to hold the price below .45 cents. I guess time will tell with gold struggling again today who really knows what is going to happen with TMM