Gold Investment News letter comments on TLRS
Timberline About to Show Some Mojo
Good Morning,
We could be seeing the start of a recovery in the gold miners and we've basically had all week to accumulate lows. I've deployed a lot of capital this past week. Some of the purchases I have 10% stop loss limits on, which helps to be confident when entering big. This morning I want to highlight one of my top two junior positions, Timberline Resources (TLRS/TBR.V). TLRS is trading at 40 cents when it should be at 80 or $1 right now. I met with management and a board member for dinner in NYC last night and I'm excited about the future.
Most importantly, on Monday they hit the road meeting with new institutional investors in 5 east coast cities. There is no doubt in my mind that they will attract new buying next week and beyond now that they are finally going out to tell their story. Nobody knows about this deal! 2 million ounces of gold resources in Nevada and a $9mm market cap? That's less than $5 per ounce of gold in the ground and you do not find that in this market, period.
I own nearly a million shares in TLRS and I plan on making $2MM on this investment in the next 2 years. TLRS could easily reset to the 70-80-90 cents per share level even by year end or early Q1. This is one of the few hidden gems of value in the junior gold sector that's left and I encourage our readers to gobble up a stake while it is dirt cheap. You can safely add shares in TLRS up to 50 cents (TBR.V up to 65 cents). I also expect a European and Canadian investor awareness tour by year end so there will be much marketing of this story after nothing occurring for years. Take advantage on this one....we're early.
It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.
