Jonny82

New ETF Provides Access to Junior Miners

Any idea when it will be launched and a ticker symbol for it?

Everything You Need to Know About Junior Miners

I believe that BULM. otc has their royalty from Newmont and is in a lawsuit about Newmont owing them more them royalties. Interesting comp. but haven't decided yet still checking them out.

Junior Mining Companies: Other People’s Money

Any thoughts on Bullion Monarch Mining? Looks like they have a huge lawsuit with Newmont on royalties in the Carlin Trend area of northern Nevada. I haven't heard anyone talking about this yet. BULM.ob

US Small Cap and Microcap ETFs

Just checked BULM for myself looks really good. Do you know anything about their oil shale project?

Blackmont: Yamana Offers the Best Combination of Risk and Reward

BULM.ob is a hidden gem. Thanks MajorMac.

Everything You Need to Know About Junior Miners

Checkout BULM.otc for a great junior miner with royalties from a major. bullionmm.com

Gold Bull Market Moves Up to Phase Three

Check out BULM verry underpriced for a comp. that sees royalties from Newmont. This stock is priced like an exploration company but has profits from properties that have hit paydirt plus fantastic upside on future exploration.

Newmont Mining Trading as if Gold at $538 Per Ounce, Not $700 (NEM)

Sunday, May 07, 2006
Newmont Mining Report by Ron S Miller
Lately, Newmont Mining(NEM) has been lagging the price of gold. NEM shareholders expect NEM to outperform the metal. Here is some basic information regarding NEM.
NEM Projections 2006 (millions) :
Consolidated ounces of Gold: 7.7-7.9
Equity ounces of Gold: 6.1-6.25
Average Cost: 280-295
Consolidated ounces of Copper: 470-475 pounds
Equity ounces of Copper: 250-255 pounds
Average Cost: .64
Yanacocha( Peru):
Consolidated Ounces of Gold: 2.585-2.620
Equity ounces of Gold: 1.330-1.345
Average Cost: 185-195
Newmont shows a total of 1,850,000 ounces of gold under Price Capped Contracts in a chart entitled Gold Derivative Position. Most of this is for 2008-2009. I'll try to get more details as I'm pulling this info off a chart on the NEM website. NEM is against hedging, but could be stuck with hedges from the Normandy buyout. Overall, this is a small percentage of reserves.
While NEM has a 100% ownership in some mines, in others, NEM owns a percentage. NEM owns 51% of the Yanacocha mine. Last quarter, this mine contributed 28.7% of NEM's gold. For the year, Yanacocha is expected to provide 21.8% of NEM's gold. Yanacocha is expecting to spend major money on exploration in Peru, in the 1.5-2 billion range. It is doubtful that Peru will nationalize mines. All that mining investment money would leave. NEM President Pierre Lassonde has warned Peru about the importance of keeping a good investment environment.
Copper has been increasing faster than gold. Last quarter, copper contributed 12% of NEM's revenue. Copper sells for about $3.50 per pound. NEM expects to mine over 250 million pounds of copper at .64 per pound.
NEM has a portfolio of royalties, investments in oil, as well as, a huge amount of land that is being explored. NEM is a solid gold share investment. It is not the same as owning gold or GLD.
NEM comes with more risk than gold, but with even greater potential.
posted by ron s miller at 2:22

Newmont Mining Trading as if Gold at $538 Per Ounce, Not $700 (NEM)

The management of Bullion Monarch could have the best kept seceret around. Watch what happens when their stock is released and thank your dad for being smater than you.