Balmoral Resources Ltd BALMF

Metals & Mining Industrial Metals & Minerals

Balmoral Resources Ltd is an exploration stage mining exploration and development company. It is engaged in the acquisition and exploration of gold and base metal properties in Canada. The principal focus of the company's exploration activities are the properties comprising its Detour Trend Project in Quebec.

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Balmoral Resources Ltd

Bullboard Posts

Post by ryanlaston Apr 23, 2016 5:27pm

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Post# 24802954

Balmoral looking good.

Right now Balmoral is my favorite exploration play. With Balmoral owning 80% of the Detour Gold Trend most of which is still unexplored. IMO there going to hit something significant and it looks like they already have. Bug Lake and Grasset are showing alot of promise and the drilling is still shallow. What they have discovered so far is just the tip of the iceberg. They currently have drills turning on both properties. It wont surprise me at all if we get more bonanza intercepts in the weeks ahead. To me this looks like an early stage Probe Mines or West Timmins both high grade gold that got taken out for big bucks. Probe for 526 million and West Timmins 424 million. This could easily be a 5 bagger from here if they keep hitting more high grade.

Balmoral's CEO has already created extreme value for his shareholders with West Timmins. Hopefully BAR chart will look like this in a year or so.

West Timmins Yahoo Hole