Erik Bermel, M Partners (5/1/13) "Timmins Gold Corp. announced drill results from its ongoing drill program at the San Francisco and La Chicharra pits, which continue to support a significant update to the resource and mine plan. . .the program continues to extend and expand mineralization at San Francisco and La Chicharra and could support an extension of the mine life to an estimated 10 years, which would derisk the current five-year mine life. . .management believes the results could point to the discovery of a new satellite deposit (in addition to the three new zones at La Chicharra). . .we are maintaining our Buy recommendation and our 12-month target price of $4.10/share