Timberline Resources Corp (TLRS): Gold Investment Letter comments: Timber...

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Timberline Resources Corp (TLRS)

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Thursday, 10/19/2017 1:39:53 PM

Thursday, October 19, 2017 1:39:53 PM

Gold Investment Letter comments:
Timberline Resources (TLRS/TBR). TLRS should be absorb at least up to 35 cents (45 on TBR) which is a $10MM market cap for 2 million ounces of gold resource in the ground in Nevada. This type of valuation for in the ground gold ounces will be 5-10 times higher when gold is $1,600-$1,700 an ounce. Many companies are trading at $25-50 an ounce in the ground now! I will have a detailed update on Timberline next week but add in this lethargy/weakness for the best prices.

I expect a rising gold/silver price environment through the end of the year and a blast off in 2018. These bargain WILL NOT EXIST in a year.

It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.

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