Tuesday, January 31, 2017 10:54:35 AM
...The cheapest gold junior I know of is Timberline Resources (TLRS/TBR.V) trading under $3.50 per ounce of gold inferred/indicated resources at Talapoosa and Eureka in Nevada. Try and find a Nevada gold play now where you can buy an ounce of gold in the ground for $5 or less....even $10 or less is tough to find anymore. I've pasted the news below regarding metallurgical news at their most advanced project Talapoosa. I am planning on increasing my stake in the company to over 1 million shares via the current private placement at 25 cents. If you would like a condensed snapshot of the Timberline story, you can get it here in 2 minutes:
http://issuer.direct/projects/timberline-resources/
Some people have expressed caution/concern around the $1MM option payment the company has due at the end of March. Do you really think I'm going to let that become an issue? I own just under 4% of the company at this point so failure is not an option. The current offering gets them drilling at Talapoosa, pays the bills for awhile, and finances a significant marketing tour in the US, Canada, and Europe starting late next month through March. There are a number of ways to raise an extra million bucks but doing it all in equity at these dirt cheap prices isn't one of them. I believe after this offering is completed in the next 2 weeks, the stock begins to rise and upon secured financing for the option payment, the stock will soar. This "concern" is the opportunity to buy in cheaply as well. Will they have problems? Will they get it done? I'm betting big that the option payment will be secured, Talapoosa moves forward, the stock goes to 80 cents to $1 within 12 months, and partners step in the develop both Eureka and Talapoosa.
This is a very good opportunity for investors that can be patient if necessary. I'm in this to make a million dollar profit on my share position and am very confident that will happen if not this year then in 2018. I strongly suggest readers absorb any shares available under 40 cents on TLRS and 50 cents on TBR.V
It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.
Recent TLRS News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/13/2024 06:27:02 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 01/17/2024 05:38:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 01/02/2024 08:34:02 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 01/02/2024 04:43:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/28/2023 10:28:45 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/20/2023 08:34:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/15/2023 10:23:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/11/2023 04:04:13 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 07/12/2023 05:19:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/07/2023 07:29:21 PM
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