TIMMINS GOLD sets ATH

Minelife 5 jahre
Produktionkosten 430 USD
Produktionsziel ca. 100.000 Oz.
Marktcap. ca. 200Mio CAD

Op. Cashflow bis 70 MIO CAD pa.

Wesenlich niedrige Cashkosten als bei NAV, dafür muss man gut das Doppelte an Marktkapitalisierung bezahlen.

11,319 Ounces Of Gold Sold In Initial Quarter Of Production

Jul. 29, 2010 (Market News Publishing) --
TIMMINS GOLD CORP ("TMM-V")
- 11,319 Ounces Of Gold Sold In Initial Quarter Of Production

Timmins Gold is pleased to announce preliminary production statistics for its initial quarter of commercial production ended June 30, 2010 from its wholly owned San Francisco open pit gold mine located in northern Sonora, Mexico.

Commercial production commenced on April 1, 2010. A total of 11,319 ounces of gold were sold during the quarter with 5,068 ounces sold in June. Production is projected to increase until it stabilizes in excess of 9,000 ounces per month in December.

SAN FRANCISCO MINE

PRELIMINARY PRODUCTION

STATISTICS

Quarter ended Jun 30, 2010
Total Material Moved                               Ktonnes
4,982
Ore Mined &Crushed                                Ktonnes
905

During the 3 month period average daily production from the mine averaged over 10,000 metric tonnes. In July an additional blast drill rig was delivered to the mine which has allowed production to increase to more than 12,000 metric tonnes of ore per day. A further 3 haulage trucks, 1 shovel and a further blast drill rig will arrive in September to further increase production to up to 14,000 metric tonnes of ore per day.

The strip ratio for the quarter averaged 4.5 to 1. The 2010 annual average strip ratio is projected at 4.0 to 1. The current life of mine strip ratio is currently projected at 3.0 to 1.

Average head grade for the quarter was 0.718 g/t which is in line with expectations.

Metallurgical recoveries are on target to achieve a rate of over 70%.

There were no accidents which resulted in lost time during the quarter.

About Timmins Gold

Focused solely in Mexico, Timmins Gold Corp is now in commercial gold production at its wholly owned San Francisco gold mine in Sonora, Mexico. The mine is a past-producing open pit heap leach operation. Timmins Gold has forecast production at a rate in excess of 80,000 ounces of gold per year at a life of mine cash cost of approximately $410 per ounce. (Micon International Preliminary Feasibility Study, March 2008)




Endingen (aktiencheck.de AG) - Die Experten von "Hot Stocks Investor" halten die Aktie von Timmins Gold (Profil) für spekulativ veranlagte Anleger für interessant.

Der Fokus der Gesellschaft liege auf dem San Francisco-Gold-Projekt in Mexiko. Schon im kommenden Jahr solle dort die Produktion aufgenommen werden. Bei Cash-Kosten von weniger als 430 USD je Unze wolle man dort pro Jahr zwischen 80.000 und 100.000 Unzen Gold fördern. Auf Basis aktueller Bohrungen betrage die Lebensdauer der Mine fünf Jahre.

Nach Berechnungen der Analysten von Canaccord Adams werde die Gesellschaft momentan mit einem Discount von rund 40% gegenüber vergleichbaren Junior-Explorern bewertet. Das Kursziel sähen sie bei 2,25 Kanadischen Dollar (CAD).

Spekulativ orientierte Anleger sollen sich nach Meinung der Experten von "Hot Stocks Investor" ein paar Stücke der mit einem KGV 2010e von nur 4,6 gehandelten Timmins Gold-Aktie ins Depot holen. (Ausgabe 23 vom 07.12.2009)
(07.12.2009/ac/a/a)

Offenlegung von möglichen Interessenskonflikten: Mögliche Interessenskonflikte können Sie auf der Site des Erstellers/ der Quelle der Analyse einsehen.
Quelle:  

Die von DasMünz im Thread-Titel gewählte Bezeichnung dieser Actie als TIMMINS Gold ist nach meinen Informationen correct, während "TIMMONS", unter welcher Namens-Zuweisung sie derzeit noch bei uns im System steht, ganz offenbar falsch ist.

Dies, wie auch das momentan noch feststellbare Fehlen der ISIN, sind in den zuständigen Thread zur Entstörung gemeldet: www.ariva.de/_TIMMINS_Gold_t378449?pnr=8819628#jump8819628

LG: Teras.

http://www.digitaljournal.com/pr/277361

http://www.baystreet.ca/users/newswire/viewarticle.aspx?id=392795

Timmins Gold (TSE:TMM) Tuesday updated its NI 43-101 compliant reserve and resource estimates for its producing San Francisco gold project in Mexico, doubling the proven and probable reserves at the main San Francisco pit.

Investors cheered the news with the stock up 7% at $3.30 in early afternoon trading.

The Mexico-focused producer said proven and probable reserves at the San Francisco open pit  have been estimated at 1.21 million ounces of gold, represented by 64.25 million tonnes at 0.588 g/t (grams per tonne) gold, a 104% increase over the proven and probable reserves of 780,000 ounces (34.93 million tonnes at 0.695 g/t), net of production depletion of 129,000 gold ounces, it reported in November 2010.

As well as this pit, the company's key San Francisco project in the state of Sonora includes the nearby La Chicharra open pit, where updated proven and probable reserves have been estimated at 116,000 ounces of gold represented by 8.15 million tonnes at 0.445 g/t gold.

The Vancouver-headquartered gold producer said total measured and indicated resources at the San Francisco project were 1.44 million ounces of gold, represented by 73,624 tonnes at 0.609 g/t gold. This compares to total measured and indicated resources of 984,000 ounces of gold, represented by 42,531 tonnes at 0.720 g/t issued by Timmins last November.

CEO of Timmins Gold, Bruce Bragagnolo, said: "This is a significant milestone for the company, and the updated reserves now outline a 10 year mine life with a projected production rate of 100,000 gold ounces per annum.

"Based on the success of this drill program, the company continues to drill aggressively at San Francisco and La Chicharra, and anticipates completing an additional 120,000 metres of drilling from July, 2011 to December, 2011."

Indeed, the latest reserve and resource estimate, which was prepared by MICON International, is derived from information obtained from a drill program of 700 holes of core and reverse circulation drilling, totaling 94,193 metres completed between July, 2010 and June, 2011.

Last week, Timmins reported it swung to a profit in the first quarter, as metal revenues nearly doubled on a 59% increase in gold production and higher prices.

For the three months ending June 30, the company posted net income of $5.75 million, or 4 cents per share, compared to a loss of $1.01 million, or break-even per share, a year ago. Metal revenues climbed around 94% year-over-year to $27.02 million.

Timmins produced 16,676 ounces of gold during the first quarter, and sold 17,965 ounces, compared to gold produced and sold of 11,319 ounces a year earlier.  

52 wochen tief

http://www.finanznachrichten.de/...r-12-7-million-for-q1-2012-256.htm