The Gold Report
Notable Quotes
"ICG has closed a CA$2.5M flow-through placement." (12/24/15) Integra Gold Corp. - Thibaut Lepouttre, Caesars Report More >
"The exploration upside at MAG's Juanicipio project is substantial." (12/23/15) MAG Silver Corp. - Gwen Preston, Resource Maven More >
"AKG's management continues to deliver on its development milestones." (12/22/15) Asanko Gold Inc. - Nana Sangmuah, Clarus Securities More >
"We are initiating coverage on KDX with a Buy rating." (12/21/15) Klondex Mines Ltd. - Don Blyth, Paradigm Capital More >
"VIT's Eagle is a shovel-ready, fully permitted, prefinanced gold project." (12/17/15) Victoria Gold Corp. - Tom Hayes, Edison Investment Research More >
Upside Thrives for TMM
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Zeal Speculation and Investment (09/20/2010)
"Like a proud father watching his child grow up, sometimes I feel like a proud analyst watching my juniors grow up. We first profiled Timmins Gold back in early 2008 when it was still a junior gold explorer working to break through to the next level. And when it achieved full commercial production at its impressive San Francisco mine in April 2010, its promotion to producer-dom was complete. TMM is now one of the elite junior gold producers. And it has executed a strategy that evades the majority of junior explorers trying their hands at this incredibly tough gold-mining game. Since its inception in 2005, TMM has been focused on a group of concessions in Sonora, Mexico. And within these concessions was the mothballed San Francisco mine, which was shut down in 2001 due to low gold prices. TMM saw excellent potential in this district amidst the new bull. For a price tag of only about $40M (which includes the land purchase), Timmins Gold has revived the San Francisco mine. And it is now a well-oiled machine capable of producing 80–100 Koz. Gold/year, at incredibly low cash costs of $412/oz. The San Francisco mine also has huge upside potential for production and resource growth." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
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