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Bullboard - Stock Discussion Forum
Timmins Gold Corp
T.TMM
Metals & Mining
Gold
"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."
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TSX:TMM - Post Discussion
Timmins Gold Corp
> TMM moving higher
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•••
Goldhound3
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Post by
Goldhound3
on Jan 16, 2017 10:33am
TMM moving higher
again. Is this cuz gold is up another 6 bucks or is there some other under lying circumstance..I sure hope we never see the stock under .45 again
(89)
•••
auburn2
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Comment by
auburn2
on Jan 16, 2017 2:11pm
TMM has superb leverage to the POG of gold because SF is a marginal asset that becomes interesting as gold breaks $1300. (The land surrounding the mine is large and interesting as well, but shouldn't at this time be consuming any focus or funds.) But like an exploration company it also has wonderful leverage to the value it creates internally irrespective of what gold does. Unlike an
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