Commodities mailbag

We didn't have time on Friday’s Commodities (watch the video here) to get all of Victor Goncalves’ stock picks, so here are the ones we missed.

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Goncalves also says Timmins Gold Corp. (TMM–TSXV), an emerging gold producer in Mexico, "trades about 1.8 times next year’s earnings. So it is cheap...very cheap."

The company’s San Francisco gold project is expected to produce between 80,000 to 100,000 ounces of gold per year at a cash cost of less than $430 US per ounce. Canaccord calls the stock a "speculative buy," with a target of $2.25 Cd per share.

Timmins shares have climbed 198 percent in a year to trade at $1.34 per share.

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