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Timmins Gold Corp (VEN TMM) added Apr 11, 2010 *************************
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Timmins Gold Corp is strategically positioned for years of continuous growth as a gold production and development company. Focused solely in Mexico, Timmins Gold has now begun pouring gold at its wholly owned San Francisco Gold Mine in Sonora, Mexico. The Mine is a past producing open pit heap leach operation from which Timmins Gold will be producing at a rate of 80,000 - 100,000 ounces of gold per year at a cash cost of approximately $412 per ounce. To date all plant and equipment necessary for full production is operational including crushing, leaching and extraction facilities. On the exploration front, Timmins Gold's portfolio consists of several other gold projects one of which is a 45,000 hectare property located contiguous to Goldcorp's Penasquito Gold Mine (17 million ounces) and near Canplats Camino Rojo Gold Project in Zacatecas. Timmins Gold also has over 70,000 hectares of claims in the highly prolific Northern Sonora Gold District. Timmins Gold plans to grows the Company by expanding the current reserves and lifespan of the San Francisco Mine, advance its other exploration projects and to make strategic acquisitions. With the ramp up to full scale production almost complete, Timmins Gold is now focussed on drilling along strike to expand the reserves at the San Francisco Mine.
RECENT NEWS Timmins Gold Corp.: April and May Production Statistics from San Francisco Mine
Timmins Gold Corp.: Gold Mineralization Extended 500 Meters to Southwest of San Francisco Pit
Commercial Gold Production Commences at the San Francisco Mine
Nicholas Campbell ............Canaccord/Genuity….June 25, 2010 Maintained SPECULATIVE BUY Target $2.25 TMM Price day before:$1.48Finish day posting$1.49Current:$1.49 ------May 14, 2010----- Maintained SPECULATIVE BUY Target $2.25 TMM Price day before:$1.40Finish day posting$1.38Current:$1.49 ------Apr 09, 2010-------- Maintained SPECULATIVE BUY Target $2.25 TMM Price day before:$1.42Finish day posting$1.41Current:$1.49 *********** Recognia….Apr 15, 2010 Symmetrical Continuation Triangle (Bullish) Target $1.89 - $1.99 TMM Price day before:$1.41 Finish day posting $1.53 Current:$1.49 -----Mar 08, 2010--- Symmetrical Continuation Triangle (Bullish) Target $1.65 - $1.73 TMM Price day before:$1.29 Finish day posting $1.31 Current:$1.49
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