19:50:52 EDT Sat 04 May 2024
Enter Symbol
or Name
USA
CA



Timmins Gold Corp
Symbol TMM
Shares Issued 179,877,379
Close 2015-03-03 C$ 1.04
Market Cap C$ 187,072,474
Recent Sedar Documents

Taylor says buy Timmins Gold

2015-03-03 22:13 ET - In the News

Jay Taylor, in the Feb. 13, 2015, edition of Gold, Energy & Tech Stocks, says buy Timmins Gold Corp., recently $1.27. Mr. Taylor said buy five times between Sept. 15, 2006, and Jan. 15, 2010, at prices ranging from 32 cents to $1.28. Within that period, he twice said take some profits -- perhaps sell half -- at 70 cents and 75 cents. Assuming a $1,000 investment for each of the five buys, the two half sales yielded profits of $578 and $651, respectively. On July 7, 2010, Mr. Taylor said sell the entire remaining position at $1.25, yielding a $3,307 profit. He then said buy four more times between June 21, 2011, and Dec. 18, 2013, at prices ranging from $1.18 to $2.30. Assuming a $1,000 investment for each of the four new buys, the $4,000 position is now worth $2,769. Mr. Taylor says at 9.6 per cent, Timmins provided one of the best, if not the best, return on equity among its peers in 2014. The company recently acquired the Caballo Blanco gold project in Mexico, which together with its producing San Francisco mine (also in Mexico), could boost annual production to 220,000 ounces. The editor is fond of Timmins's management, especially CEO Bruce Bragagnolo, whose operational success gets an A plus in his books. Buy.

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