Jay Taylor, in the April 17, 2013, edition of Gold, Energy & Tech Stocks, says buy Timmins Gold Corp., recently $2.27. Mr. Taylor said buy five times from Sept. 15, 2006, to 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 at 75 cents. Assuming a $1,000 investment for each buy, 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 said buy Timmins again on June 21, 2011, at $2.30 and on Dec. 16, 2011, at $2.17. Assuming a $1,000 investment for each of the two new buys, the $2,000 position is now worth $2,029. Timmins earned 25 cents a share in the 12 months to Dec. 31, 2012, compared with 15 cents a share in the nine months to Dec. 31, 2011. Its revenues were $156.2-million in 2012, compared with $90.8-million in the last nine months of 2011. This year, the company expects to produce 100,000 gold ounces from its San Francisco mine in Mexico. Mr. Taylor believes Timmins can easily raise production using internally generated cash. The company is a sponsor of the editor's radio show.
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