Resource Stock Update - V14 #5.4  Potash - PON, Oil, Short selling  - June, 3, 2008

PO Box 1020  Owen Sound, Ontario, Canada   N4K 6H6

resource@bmts.com        Yearly subscription $199 cdn/year or US$209

Potash North     TSXV:PON         Open Price C$1.00??

It was announced tonite that our new potash play, Potash North , under new symbol PON will start
trading tomorrow.

Formerly Timer Exploration (TES)

I noticed bids and offers started coming in on the stock today while it is still under halt. It
looks like it will start trading around $1.00, judging by 30,000 bid at $1.05 and 75,000 bid at
$1.00

There is just no telling how this stock will trade, so a good strategy might be to buy half your
intended position as soon as possible and buy the other half if the stock ends up selling down. That way, if the stock keeps going higher over the next several days, you have a position and if it sells
off within the first while you can buy the other half of your position and average in.

Based on my May 21 newsletter, a near to medium term target would be around $2.00

Potash North Resource Corp. has been provided confirmation from the Saskatchewan Mines Branch that a
potash permit has been issued in respect of potash permit application KP416 covering approximately
91,000 acres. The company holds rights to acquire potash permit KP416 under a memorandum of
agreement with Peninsula Merchant Syndications Corp., as described in greater detail in  news dated
May 12, 2008 (disseminated under its former name Timer Explorations Inc. and symbol TES). Both of
the historical drill holes reported in that news release lie within KP416. The company expects the
permit in respect of application KP417 will be issued shortly by the Saskatchewan government.

                          ************** Short Selling ****************

These two interviews are a must to listen to. These are talk show interviews with Jim Puplava and
each about 1 hour long. The first has some excellent points on the oil market and it explains and
sheds a lot of light on illegal short selling on junior mining stocks and short selling  ahead of a
financing.

The 2nd article is totally on short selling of mining stocks and explains the tactics they use and
is the 2nd of 4 planned talk shows.

As I have mentioned before, our best defense is knowledge, these short selling tactics are happening
with some of the stocks on our list and is why I suspect Arian Silver AGQ got hammered down to $0.25
despite very good news. Now - just last week a financing is closed at $0.25. In the past couple
months 1.2 million shares were sold through House 1 'anonymous' to conceal the seller driving the
stock down.

And, Arian Silver is a good buy at $0.25 or less

http://www.stockhouse.com/comp_info.asp?symbol=agq&table=LIST

Jim Puplava links

Part 1

http://www.netcastdaily.com/broadcast/fsn2008-0524-3a.asx.

Part 2

http://www.netcastdaily.com/broadcast/fsn2008-0531-3b.asx

(c) Copyright 2008, Struther's Resource Stock Report

All forecasts and recommendations are based on opinion. Markets change direction with consensus
beliefs, which may change at any time and without notice. The author/publisher of this publication
has taken every precaution to provide the most accurate information possible. The information & data
were obtained from sources believed to be reliable, but because the information & data source are
beyond the author's control, no representation or guarantee is made that it is complete or accurate.
The reader accepts information on the condition that errors or omissions shall not be made the basis
for any claim, demand or cause for action. Because of the ever-changing nature of information &
statistics the author/publisher strongly encourages the reader to communicate directly with the
company and/or with their personal investment advisor to obtain up to date information. Past results
are not necessarily indicative of future results. Any statements non-factual in nature constitute
only current opinions, which are subject to change. The author/publisher may or may not have a
position in the securities and/or options relating thereto, & may make purchases and/or sales of
these securities relating thereto from time to time in the open market or otherwise. Neither the
information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock,
futures or options contract mentioned herein. The author/publisher of this letter is not a qualified
financial advisor & is not acting as such in this publication. Struther's Resource Stock Report is
not a registered financial advisory. Investors are advised to obtain the advice of a qualified
financial & investment advisor before entering any financial transaction.