Gold Production in Mexico
Targeting 2013 annual production of 118,000 ounces of gold
Message: Grandich Client Timmins Gold
Grandich Client Timmins Gold
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July 07, 2011 05:50 AM
Today’s news of a pending sale of a large block of TMM shares should remove a little gray cloud that has hung over the stock. It also will mover some 25 million shares from a holder who had it from under $1 and was sitting on some nice profits to a more likely holder(s) at current levels who would be less likely to be a seller anytime soon.
TMM had also been held back by an attempted takeover and its many other corporate successes were not being fully reflected in its share price because of this.
This image has been resized. Click on image to view full size.
The stock has been building a new base in 2011 and with the sale of these shares we could see a move to a level I think is more worthy of their many accomplishments in the $4 – $5 area before years-end.
July 07, 2011 05:50 AM
Today’s news of a pending sale of a large block of TMM shares should remove a little gray cloud that has hung over the stock. It also will mover some 25 million shares from a holder who had it from under $1 and was sitting on some nice profits to a more likely holder(s) at current levels who would be less likely to be a seller anytime soon.
TMM had also been held back by an attempted takeover and its many other corporate successes were not being fully reflected in its share price because of this.
This image has been resized. Click on image to view full size.The stock has been building a new base in 2011 and with the sale of these shares we could see a move to a level I think is more worthy of their many accomplishments in the $4 – $5 area before years-end.
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