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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 > The Street
View:
Post by godisgr81 on Mar 09, 2017 9:44am

The Street

As expected the market reaction to the financial release is muted. The street is giving very little notice and confidence in the results. The things will change once the pattern emerges that TMM is consistently beating expectations. 

The lack of confidence in the previous management is very telling. With management changes comes new directions and potential for new rewards. As a junior producer there aren't many peers that is more undervalued than us. This is the best time and opportunity to get in while there is time before the street wakes up to the potential. If you compare us to Torex before they went into production, the similarities are striking. Very little confidence until Torex started to produce consistent result and look at them now. We have very similar resources and better AISC. By this time next year, we will have a very different valuations.

I say "Get in while there is time".
Comment by Goldhound3 on Mar 09, 2017 10:17am
Until gold gets back above $1350 its starting to look like the stock will remain flat or dip no matter how good the news is..Signed when will this turn around
Comment by bobofet on Mar 09, 2017 12:20pm
This reaction is so very typical of the stock.... decent news  once again the stock goes nowhere.... yet I will blame half on the current gold price.... and still it does happen quite often with this stock....so that said  if this was actual bad news   could you imagine the beating we may have taken....  when will it turn around ?   in my opinion not for a long ...more  
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