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Tuesday, April 19, 2016 12:07:38 PM
Philip Ker, PI Financial (3/17/16)
"Timmins Gold Corp. continues its uphill battle after failing to once again realize positive operating earnings and ending the year with $11.5M cash on its balance sheet. However, the San Francisco operating and Timmins itself are expected to benefit in the near term from the recent uplift in spot gold prices and should support increased levels of cash flow. The elevated gold price should help further support the company's ability to service its maturing debt obligation of $10M."
Sounds like a good possibility...
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