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Timberline Resources Corporation Message Board

  • prodoxo prodoxo May 29, 2011 12:44 PM Flag

    Butte Highlands goes into production in 2012

    TLR is clearly a long term play here. Gold is in a long, multi-decade climb. Gold barely even pulled back in the recent silver correction.

    TLR has multiple gold assets. However focus on Butte Highlands which is slated to go into production in 2012. And 3rd party will carry the upfront cost of production, which means no cash drain for TLR.... 50/50 share of profits....

    TLR is a no-brainer hold.....buy at support and accumulate...

    Timberline holds a 50-percent interest in the Butte Highlands Joint Venture which is targeted to commence gold production in early 2012. Timberline's JV partner, Highland Mining, LLC is funding all project development costs, with Timberline's 50-percent share of costs to be paid out of proceeds from future mine production

    http://finance.yahoo.com/news/Timberline-Hits-HighestGrade-iw-843346539.html?x=0&.v=1

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