Alio Gold / ALO (TSX, NYSE)

... und Ziel von 100.000 Unzen Gold in 2012 hat weiter Bestand

July 10, 2012
Timmins Gold reports record production of 23,203 ounces of gold and 14,453 ounces of silver during Q2 2012

Vancouver, BC - Timmins Gold Corp. (TSX:TMM, NYSE.A:TGD) reports record gold production of 23,203 gold ounces for its Q2 2012 fiscal quarter ended June 30. Timmins Gold also produced 14,453 ounces of silver during the quarter.

During Q2 2012 a total of 39,028 ounces of gold were placed on the heap leach pads, compared to 31,150 ounces of gold during the previous quarter (Q1 2012), a 25.3% increase. Gold produced during Q2 2012 reached 23,203 ounces of gold, compared to 21,532 ounces in the previous quarter (Q1 2012), a 7.8% increase. The number of gold ounces placed on the pads is scheduled to increase during the rest of the year as the mine continues its expansion. Timmins Gold maintains its production target of 100,000 ounces of gold during 2012.

The increased production in Q2 was achieved despite downtime for the calibration of the new larger capacity tertiary crusher. The calibration of the crusher has resulted in a finer crush size of 3/8 of an inch which is designed to maximize recoveries. The gold recovery ratio was 59.45% for the quarter and would have been higher but for the fact that the crusher calibration caused a substantial amount of ounces to be placed on the leach pads towards the end of the quarter and those ounces will not be extracted until Q3. The recovery ratio adopted by the Company is defined as the ratio of gold ounces produced divided by the number of contained gold ounces stacked on the leach pads over that specific period.

The following are some key production statistics for Q2:

Komplette Nachricht hier: http://www.timminsgold.com/s/N…s-of-gold-and-14453-ou...

Sonora Mine Site Visit

I spoke with CEO Bruce Bragagnolo and here’s his overview of where Timmins Gold stands ..

Equity Research | MINING – PRECIOUS METALS
TIMMINS GOLD CORP.
Brian Szeto, MA, CFA
bszeto@stonecapsecurities.com
416.342.9918
August 2, 2012
OUTPERFORM
Target Price: $3.20
Operationally Back On Track And Refocused On Expansion
— Initiating Coverage

Operationally Back On Track And Refocused On Expansion

Timmins Gold Corp. (Timmins) is a junior gold producer currently focused on its San Francisco mine located in Sonora, Mexico.

• Ramping up to 130,000 ounces per annum: After successfully increasing the capacity at the mine to 18,000 tpd, the company is now aiming to again increase the capacity to 22,000 tpd. In 2012, the company should produce just shy of 100,000 ounces and has a mediumterm goal of producing 130,000 ounces per annum going forward once they reach 30,000 tpd.

• Growing organically: When commercial production initially began in April 2010, the company had barely more than one million ounces at the property. However, the company has been very successful in adding ounces to the deposit where the total global resource now sits just under three million ounces. With San Francisco and La Chicharra both open along strike to the northwest and southeast, the opportunity to keep adding ounces through exploration drilling looks promising.

• Trading at a discount on multiple metrics: Timmins is trading at a discount no matter which metric we look at, including EV/oz, P/EPS, and P/CFPS. It is currently trading at 4.0x and 2.9x its 2012 and 2013 P/CFPS, respectively, compared to its peer group, which is trading at 8.1x and 6.0x. We believe as the company’s operations continue to stabilize and expand, we should see a gradual re-rating of the stock.

Valuation

Our valuation is based on a discounted cash flow (DCF) approach for valuing the San Francisco project where our NAV estimate for Timmins is $2.88/sh. After applying a 1.1x multiple to our NAV, we arrive at our target price of $3.20. We are initiating coverage with an Outperform rating.

Conclusion

We view Timmins as a successful junior gold company that effectively made the jump from an exploration/ development company to a producer within a relatively short time frame.
Although there may have been some operational hiccups along the way, we believe that those days are largely behind us and the company is well on its way to 130,000 oz/yr of production.

Ivan Lo: What I am Buying

I continue to add long positions in quality gold and silver stocks.

Last week after my report, "A Cash Flow Machine," I bought shares in Timmins Gold (TSX: TMM) (NYSE MKT:TGD) and I couldn't be happier with their performance.

They're up 11.7%, while their peers are down 1.2% this week.

--> America's Gold Wiped Out

Zitat von Edel Man

Done, some time ago !

Bin ebenso fully loaded und sehe derzeit keinen Grund bei $2.6 zu verkaufen. Heute kam noch ein Outperform Upgrade "Research Alert: National Bank Financial starts Timmins Gold Corp with outperform" rein mit Target C$3 - lächerlich imho, außer die meinen den monthly target. glta

.. one analyst is saying Timmins is a possible target for a takeover. BNN interviews Timmins Gold CEO (21/09)

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct 9, 2012) - Timmins Gold Corp. (TMM.TO)(NYSE MKT:TGD)(NYSE Amex:TGD) is pleased to report record production of 25,153 ounces of gold for its Q3 2012 fiscal quarter ended September 30, 2012. Timmins Gold also produced 13,857 ounces of silver during the quarter.

During Q3 2012 a total of 40,490 ounces of gold were placed on the heap leach pads, compared to 35,282 ounces of gold in Q3 2011, a 14.76% increase. Gold produced during Q3 2012 reached 25,153 ounces, compared to 16,917 ounces in Q3 2011, an increase of 48.69% and 23,203 ounces in the previous quarter (Q2 2012), an 8.4% increase. The number of gold ounces placed on the pads is scheduled to increase during the rest of the year as the mine continues its expansion. Timmins Gold maintains its production target of 100,000 ounces of gold during 2012.

..

Timmins Gold Reports Record Production of 25,153 Ounces of Gold and 13,857 Ounces of Silver During Q3 2012

TGD $2.75

Der Ordnung halber:

Oct 10 (Reuters) - Timmins Gold Corp : * Canaccord Genuity cuts Timmins Gold Corp to sell from hold; raises target price to C$2.35 from C$1.65

Nach meiner Rechnung sollte Timmins in diesem Quartal bei Record Rroduction und geschätzem 42M Umsatz zirka 15M erlöst haben, forward P/E < 7 - und dann cut to sell bei price target raise von 40%

Vielleicht will hier ein Canaccord Client noch richtig einkaufen ... würde mich bei denen nicht groß wundern. Oder gar TGD ganz übernehmen wie z.B. hier vermutet? glta

TMM.TO hat heute unter hohen Umsätzen ein neues Jahreshoch verzeichnen können.
Nächstes Ziel: das ATH bei 3,40 CAD, das ja nicht mehr weit entfernt ist.

Leider ist die Aktie immer noch mit einem zu kleinen Anteil (knapp 5%) in meinem Depot vertreten. Meine NK-Limits wurden oftmals knapp verfehlt - wie bei MUX, die ähnlich gut läuft.
Bleibe hier weiter auf der Lauer.

Grüße und allen viel Erfolg
GS

TGD $3.24

Zitat von Don Charmanti

Nach meiner Rechnung sollte Timmins in diesem Quartal bei Record Rroduction und geschätzem 42M Umsatz zirka 15M erlöst haben, forward P/E < 7 - und dann cut to sell bei price target raise von 40%

.. besser als (von mir) erwartet:

Timmins Gold Reports Record Profit From Operations of $18.3 Million for Q3 2012
Metal revenues were $41.7 million, compared to $28.2 million during the same prior year period. This represents a 48% increase over the prior year.

Profit from operations was $18.3 million, compared to $10.3 million during the same prior year period. This represents a 77% increase over the prior year.

-> http://www.timminsgold.com/i/pdf/2012-11-08_NR.pdf

TGD $3.39

.. riding with the king - new ATH

Q4- und Jahresergebnisse

Grüße
GS

+ 16%. Das macht meinem geschundenen Depot Freude, da ich hier die letzten Tage zu Tiefstkursen kräftig zugegriffen habe.
Timmins hat grandiose Aussichten und ist gemessen an den fundamentals m.M. nach einer der JP-Übernahmekandidaten schlechthin in naher Zukunft.

Grüße
GS

Hallo GS,

+20% sind es letztendlich geworden......bin dabei beim Freuen da TMM eine nicht unerhebliche Postition bei mir im Depot darstellt

Fast den gleichen Sprung hat heute BDR in down under hingelegt.....+19% auch im Depot sehr schön

Grüsse