I dont think its fair to say that they have not accomplished as much as BULM... they might not have conventional revenue, but several MAJOR miners are giving them huge chunks of $$$$ to be a part of their many high potential properties... and some of their royalties could start paying very soon as well.
Newmont committed $30,000,000 over a 6 year span for exploration in Haiti and this is just one deal out of several... Antofagasta Minerals is funding a property for $5,000,000, etc
Check out all these funding JV's for the properties they picked up in the Bronco Creek Exploration (BCE) acquisition... this is all money they would have to pay out of pocket, which they could never do without destroying the shareholders wealth...
EMX now has seven joint ventures through BCE, five of which are slated for drilling in 2011-2012 with partner funding:
Yerington West JV with Entrée Gold Inc. (“Entrée”)
Mesa Well JV with Vale
Superior West JV with Freeport-McMoRan Mineral Properties (“Freeport”)
Middle Mountain JV with GeoMinerals Ltd. and Inmet Mining Corp. (“Geo-Inmet”)
Silver Bell JV with GeoMinerals (“Geo”)
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