Bullion Monarch Mining, Inc. (BULM.OB) Posts Record Profits for Fiscal Year 2009
Bullion Monarch Mining, Inc. is a domestic natural resource company with interests in gold and oil shale. The company has mining properties in Nevada and elsewhere in the western United States. The company also has an 80% interest in EnShale, an oil shale company with properties in Utah, Wyoming and Colorado. Bullion Monarch Mining continues its impressive growth with revenues for fiscal year 2009 increasing approximately 40% from 2008, earning approximately $0.04 per share. Net income for the company increased by 210% to $1,679,292, as compared to $541,485 in 2008. Bullion Monarch's largest revenue source continues to be from a…