Gold has been a spectacular investment until recently due to the drop in gold prices. We found a company completed its most successful year ever, ending its fiscal year at April 30, 2011 with record revenue of $6.2 million and record earnings of $0.05 per share.
Bullion Monarch Mining, Inc. (OTCBB: BULM)
The revenue was derived primarily from its Carlin Trend Royalty, a royalty claim block located in the renowned Carlin Trend in Northeastern Nevada, on which the Company holds a 1% GSR royalty. The Carlin Trend Royalty project is the Company’s flagship royalty property and includes portions of the following: the Leeville Mine, the East Ore Mine, the North Lantern Mine, the Turf Deposit and Four Corners Deposit. The majority (approximately 99.5%) of revenue that the Company currently earns is derived from combined production at the Leeville Mine and East Ore Mine (collectively, the “Leeville Mine Property”).
|Avg Vol (3m):||28,162|
|Corporation:||Fully audited SEC Corporation located in St. George, Utah|
|Issued and Outstanding:||39,074,755 shares|
|Held by Insiders:||14,760,000 shares|
|Transfer Agent:||U.S. – Colonial Stock Transfer Company, Inc.
66 Exchange Place, Suite 100
Salt Lake City, UT 84111
Phone: (801) 355-5740
Fax: (801) 355-6505Canada – Olympia Transfer Services
2300, 125 – 9 Avenue SE
|Auditors:||Mantyla McReynolds LLC
5872 South 900 East, Suite 250
Salt Lake City, Utah 84121
Voice: (801) 269-1818
Fax: (801) 266-3481
|SEC Councel:||Joshua E. Little
Durham Jones & Pinegar
192 East 200 North, 3rd Floor
St. George, UT 84770
Bullion Monarch Mining, Inc. is a gold-focused exploration and royalty company with additional interests in bauxite and oil-shale technology. BULM is focused on creating new royalties or participating interests through a continuous review of exploration opportunities.
BULM has three material subsidiaries, Dourave Mining and Exploration Inc. (“Dourave Canada”), Dourave Mineracao E Exploracao Mineral Ltda (“Dourave Brazil” and collectively with Dourave Canada, “Dourave”), and EnShale, Inc. (“EnShale”).
Dourave Canada is a wholly owned subsidiary of BULM and through Dourave Canada, BULM holds 99.99% of Dourave Brazil. Dourave Canada is a federally incorporated under the laws of Canada as 6854893 Canada Inc. in November 2007 and changed its name to Dourave Mining and Exploration Inc. in December 2007.
BULM has been run by the same CEo for over 40 years. Mr. R. Don Morris serves as the Chief Executive Officer of Bullion Monarch Mining, Inc., and served as its President since 1969. Mr. Morris has more than 40 years experience in all phases of natural resource development with broad emphasis in mining and extraction processes. He served as the Chief Executive Officer and President of Frost collection, Inc. from 1988 to 1990.
Mr. Morris served as Chief Financial Officer and Senior Vice President of Michaels Stores, Inc. since January 1990 and Executive Vice President since March 1997. He held with Michaels Stores until 1997. Mr. Morris serves as the Chairman of EnShale, Inc., and of Bullion Monarch Mining, Inc. He has been a Director of Craftmade International Inc. since October 2002. He has been a Director of Bullion Monarch Mining Inc. since 1969. Mr. Morris serves on Lake Cypress Springs Water Board which has the responsibility for overseeing the operations of Lake Cypress Springs. He served as a Director of Frost collection, Inc. from 1988 to 1990. He served as a Director of JumboSports, Inc. since March 1998.
Mr. Morris graduated from Texas Tech University with an M.B.A. in 1962. Mr. Morris received a Bachelor of Science degree in Geology from Brigham Young University in 1966. He finished graduate studies at Colorado School of Mines and McKay School of Mines in Nevada.
AimHighProfits.com strives to provide you with the hottest stock alerts in the market in Real-Time. We focus on stocks that trade for $5 per share or less, some as little as a few pennies with upside potential. Our goal is committed to producing and publishing the highest-quality insight and analysis of small-cap stocks, emerging technology stocks, hot penny stocks and helping investors make informed decisions and to inform you of the best stocks in the market before they move. Our focus is primarily on OTC stocks in the stock market today which have traditionally been ignored by Wall Street.
We have particular expertise with internet stocks, gold stocks, renewable energy stocks, biotech stocks, oil stocks and green energy stocks. There are many hot penny stock opportunities present in the OTC market every day and we seek to exploit these hot stock gains for our members before the average daytrader is made aware of them.
Aim High Profits Disclaimer
This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. AimHighProfits.com is a wholly-owned subsidiary of Kelevra Media Innovation.
While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.Share