United Resource Holdings Group, Inc. (URHG)

[Isobar]

Nothing "dull" about this company. The stock will not be dull much longer. My guess is they will be in full production in September. An lets not forget they took control of Noble Technologies and they will refine their own gold. That was a HUGE acquisition.

I read an article from the Gold report interviewing Edward Karr. A company like URHG was exactly what he was talking about......

TGR: What advice would you give to an investor today seeking a private placement in a mining exploration company?

EK: The most important thing is to do your homework. In this sector there could be a lot of lottery tickets but you should not approach this as a lottery. There are thousands of junior mining companies out there and this is not an easy sector in which to invest. Lots of companies are not going to make it. You've got to make sure the company has solid management, a solid project and enough financing to execute. Then you look at the stock and its chart. See if you can get in at a very reasonable valuation. And, continue to know everything about that company.

TGR: In the U.S., there really isn't another mining district that compares to Nevada but you have a number of companies in a very safe jurisdiction that are exploring for gold resources. Is that a part of your thesis? Would you be less likely, for example, to invest in a deposit in Argentina versus some company coming to you with a gold exploration project in Nevada?

EK: Not necessarily. But there are several great reasons why we want to be in Nevada. Number one, stable political jurisdiction. I don't think the United States is going to nationalize the gold mines in Nevada tomorrow. Number two, there is the rule of law in Nevada, which some other jurisdictions don't have. Number three, the geology. There are very few areas in the world like Nevada that have the geological results to deliver major gold deposits. Number four, the infrastructure. The majors have billions and billions of dollars of infrastructure already invested in the state. That's fantastic for a junior exploration company because if it ends up finding a deposit, the odds are one of the majors is going to come in to take it out. Nevada has modern infrastructure such as roads, etc. It's a lot different when you discover 5 Moz way in the jungle of Brazil or the depths of Siberia or in western China. You'd have to build a tremendous amount of infrastructure. We don't preclude ourselves from looking in any jurisdiction. But I really like Nevada as a jurisdiction and I think it has a lot of benefits for investors.

TGR: Thanks so much for your insights.

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