Timmins Gold Corp T.TMM

Now Totally Out of TMM

[auburn2]

I can't see any reason to hold TMM at 59 cents when TGZ is at 63 cents.

Thoughts?

[SilentRiver]

I'm suprised auburn2. For some reason I thought you were long TMM. I broke even at .56.5 (again) I don't know anything about TZG but a quick look at the charts show's tmm green and moving up with news on the way, and tgz red and moving down. Kind of a no brainer, imho. Good luck to you whatever you choose, your posts will be missed,

[Weeble]

I don't know much about TGZ but if it is a great stock, why not own both?   You were quite bullish on TMM....I don't see what has changed.  If I wanted to generate some cash to buy a stock, TMM would be one of the last I would sell.

[SilentRiver]

I agree with you Weeble. Regardless of what this stock does in the short term, I'm holding until it's a gold producing mid tier mine. I've got other stocks to play with, I won't be selling this one. Auburn2 what are your thoughts? Why have you sold?

[auburn2]

It is simply that I like to exploit volatility to make more efficient use of my capital. With names like TGZ and CNL beaten down as they are, not to mention the state of the energy sector, I am happy to take my TMM profits and buy names which are irrationally beaten down. I will be back to TMM. Right now, and maybe increasingly so over the next month as the gold index continues dumping shares, TGZ

[Bean_and_Dunn]

Bought some TGZ yeaterday. Thanks very much for the recomendation. It appears that it is on the right track, and that the current downturn is the result of an unusual event.  I have not sold my TMM because I like their current mining plan and also their Ana Paula project. I like the way they secured a good production facility. I remember that a 6,000 tonne per day processing plant is no

[Goldhound3]

Thanks for the shares at .59... Looks like TMM is continuing to rise with over 3 million shares traded so far.. We might even pass TGZ today or by next week... Yehaaaa...The train has left the station