Archive for November 11, 2009

Timberline Resources (TLR): Net Income Sensitivity Analysis

Timberline Resource Corp’s Butte Highlands gold project is fully funded to production (Q4 2010).  Butte Highlands is estimated to produce 50,000 – 75,000 ounces of gold annually at an estimated cost of $400 to $500 per ounce.  At an average expected grade of 0.27 ounces of gold per ton, and a projected production rate of [...]

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Mining Services Primer

Gold is going higher, but it’s hard to find an intelligent way to gain leverage to it. Sure you can own gold, but if it more than triples from here in the next five years, I’ll be shocked. You can buy the producers, but they all have warts. Either they’re overvalued, they keep diluting investors, [...]

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