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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 > rollback 1 for 10
View:
Post by 20dollarsilver on Apr 18, 2017 11:17am

rollback 1 for 10

this will hurt.
Comment by moneyman213 on Apr 18, 2017 11:56am
I disagree.. With 39,000,000 shares the price is going to rock.  This is also going to allow for institutions to buy in and perhaps GDXJ entry. (perfect time as GDXJ rebalances)  It has been said that greg is to focus on institutional buyers and if your in that is great news.   I know there are miners where this move has hurt but its all about the space that that company is in ...more  
Comment by intowin on Apr 18, 2017 1:00pm
Agreed. Roll backs generally hurt explorers. Who keep issuing shares to raise money for exploration. Not an issue for TMM.   This is very positive news. Didn't Torex do the same? And look where they are today.  Institutions not only would welcome this move but may have requested it. GLTA.
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