Grandich Client Update – Timmins Gold

I spoke about a long base-building process for Timmins Gold and a technical belief it was about to break out.

Barring a significant retreat in the gold price or unforeseen bad news on the corporate side of things, TMM should see former resistance now become support. A re-rating of the stock has been underway and higher valuations are possible as more people pay up for an emerging producer with strong exploration potential.

Some consolidation after a break out would be healthy.

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