TLR ($0.63)
Timberline Resources (Sym: TLR) commenced mine development this month and is supposed to take 12 months with production expected Fall 2010. The mine is expected to produce 50,000-60,000 oz Gold in Year 1 ramping to as much as 90,000 oz. The expected cash cost will be around $400/oz. As I’ve stated in previous posts, the [...]
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