[MY INITIAL REPORT]
Plan of operation (from 10Q):
Management believes there are adequate funds to continue current operations for the next six to eight years, if we seek outside funding to develop our EnShale technology and related mining operations rather than funding it internally.  Revenues from Newmont USA Limited’s (a subsidiary of Newmont Mining Corporation [“Newmont”]) Leeville/East [...]

Bullion Monarch (BULM) is a natural resource development and royalty company with interests in gold, silver and oil shale.  Gold royalty companies have been making a buzz lately as they are a very low risk high reward way to play the resource bull market.  Royalty companies are considered low risk/high reward because they don’t have [...]

Comment: Here is a great article that was just in the Wall Street Journal.  And its exactly why I’ve been bullish on GORO, TLR, and soon BULM.
Main Street investors always want in on the ground floor of the next Microsoft or Google, or, in the commodity world, the next gusher or mother lode.
At a [...]

I spoke with the TLR management team yesterday to get an update.  A quick summary of the company:
Timberline Resources Corporation is a diversified gold company comprised of three complementary business units: an underground mine with upcoming gold production, exploration, and drilling services. Its unique, vertically-integrated business model provides investors exposure to gold production, the “blue sky” potential [...]

Timberline Resources Corporation is a diversified gold company comprised of three complementary business units: an underground mine with upcoming gold production, exploration, and drilling services. Its unique, vertically-integrated business model provides investors exposure to gold production, the “blue sky” potential of exploration, and the “picks and shovels” aspect of the mining industry. Timberline has contract core drilling subsidiaries [...]

This story ran in the local Butte newspaper, the Montana Standard, on November 22, 2009.   While the number of ounces expected to be mined was a bit dated and conservative, the article is pretty good and has some nice pictures.  As you can see, the project is progressing very nicely and the underground progress on [...]

Gold Resource Corp has a very easy story. I’ve been in it since they went public. In the next few weeks they will emerge into the elite class of low cost gold producers.  A low cost gold producer is characterized as anyone that can produce gold at sub $300 cash cost per ounce.  Company’s [...]

Peter Spina is a good friend of mine.  We have both been buyers of GORO and TLR since the beginning.  He recently was the keynote speaker for the AGORACOM Gold and Commodities Conference.  It is well with the listen as he mentions both TLR and GORO:
[LISTEN HERE]
His Official Bio: Peter Spina’s experience with the precious [...]

[CLICK HERE]
Disclosure:  LONG TLR

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*The company recently announced a $3 million financing at $1.00 with half warrant.  This will provide the working capital necessary for the next 12 months until production of Butte Highlands is realized.  [...]