Anyone think with China devaluing the Yuan, that 1.2 billion Chinese will buy Gold to protect themselves. Physical is seeing bids.
Baby is being thrown out with the bathwater. The whole sector is like it. They'll start buying when the stock price gets a lot higher.
This company can manage the decline in gold better than most as long as cap ex on anything other than the san Francisco mine is stopped or delayed until conditions improve imo. There is enough cash to pay any debt and most likely it will be extended anyway. Good luck
looks like the bears are making there move.....and they always seem to know the future better than the common shareholder....I'm thinking by early fall we will see a filling.....IMHO..... as this is the new trend for anything that hurts when it falls on your foot.....we are a small company and the funding is starting to dry up as precious metals prices continue to fall with no, and I mean NO relief in sight for many years to come.....yes this is a bad situation for holders of common however it is what it is......:(
A combination of production growth, positive cash flow and exploration success positions Timmins Gold to continue to deliver shareholder value....yep...but without shareholder appreciation......price of stock is selling like the company is made of toilet paper...
Pull up a stock chart Accum/dist tells the story. Thanks for the link.
Timmins Gold Corp is positioned for continuous growth as a gold production and development company in Mexico. The Company owns and operates the San Francisco open pit, heap leach gold mine in Sonora and recently acquired the Caballo Blanco gold project in Veracruz. Timmins Gold has consistently drilled off new reserves at the San Francisco mine.
Timmins Gold also recently announced a proposed combination with Newstrike Capital (to be closed imminently) and its top tier Ana Paula gold project. When the two projects are operational, Timmins’ production is projected at 320,000 ounces of gold per year at all-in sustaining costs of approximately $777 per ounce.
A combination of production growth, positive cash flow and exploration success positions Timmins Gold to continue to deliver shareholder value.
Tmm a very good pick up right now imho heres some info on it :
Tmm in Canada
tgd on nyse
Sentiment: Strong Buy
Morris Hubbartt posted Jul 3, 2015
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Morris says:Timmins has been being accumulated without a break out.
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