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For my American friends, check out Timmins Gold listing on the Amex Friday, November 4. Currently listed in Toronto on the TSX. The company is a new junior producer of gold in Mexico with excellent management. It's my biggest holding and looks like it has a lot of upside from here over the next year. Just the fact that it will have larger exposure due to the US listing will be good for the SP over the short term. If that's not enough for you, they're also updating their resources the same day. Coincidence? I think not!
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Last edited by edward; 11-03-2011, 03:38 PM. -
buy a 1000 shares for me please Edward. I'll gladly pay you on next tuesday.Originally posted by edward View PostTHE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Okay, your fellow Canuck has bot a few shares. Besides, my maiden name is Timm, so how can I go wrong?Originally posted by edward View Post
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*h
Why is it halted? 44% increase in earnings reported yesterday. Massive amount of selling this week. WTF???Comment
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Trading now. No News I can see.Originally posted by riverbabe View Post
I don't see any real unusual spike in volume. Looking at both US and Canadian markets. Could be a sell on the news thingy.It is hard to find the Truth when you start your search with a preconceived notion of what the Truth will be.Comment
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Ingrid Rico, M Partners (11/10/11) "Timmins Gold Corp.'s production is set to increase, cash costs set to decrease: The mining rate was increased in Q211 to 22,068 tpd, although the crushing capacity remained essentially unchanged at 14,829 tpd. Crushing capacity should increase substantially into Q311 as it ramps toward the new nameplate of 18 Ktpd; if recoveries remain the same, an increase to 17 Ktpd in Q311 would result in production of approximately 20 Koz Au."Comment
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ED Hello There!
Saw your post about Timmon's Gold , I will have to look into that ....looks interesting. I see that you also like the micro miners as do I.
One that may peak your interest is the 28 Cent Gold Exploration Company called Crazy Horse Resources. CRZHF Pink Sheets.
I know that some around here may ridicule me for even bringing up a stock like CRZHF ......but one must look at the big picture . CRZHF has a resource mine in the Phillippines which has an estimated 1 MILLION ounces of gold in the ground along with , 4.2 Million ounces of Silver and 11.8 Million Tons of Magnetite, ( Used in electric motors and cars)
They have NOT even brought up one ounce of any metal YET , but in the First 4 years it is estimated to produce an average of 175 Million Lbs of copper, 58,300oz of gold, 436,000 oz of Silver, and .5 Tons of magnetite PER YEAR in each of the 4 years.
With gold now over $1750 an ounce and rising ........can you see the magnitude of this find?.......definitely in the Billions.
It appears to be at a low right now at 28 Cents, but as gold spike higher what happens to the metals in the ground .......yes they will RISE and so will the value of the mine.
When word gets out....... this baby will be a moonshot, but you may have to hold and accumulate over time ,,,,,,,,BUT your day will come. Here is a link to the Crazy Horse website http://crazyhorseresources.com/s/WhyInvest.asp
I posted a Hello note with some stock picks , but guess not many are that interested. Obviously my picks will not do well if the market tanks .....BUT let's see on Friday how the picks made out.
Ed Good Luck with all your picks
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Thanks for the post but I already own 40,000 shares of Crazy Horse. It should pay off nicely at some point as I've seen estimates of $8+ book value.
Rated as a strong buy by TD Waterhouse and I have a lot of respect for their opinion.Comment
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