OTCQX:BALMF - Post by User
Comment by
Streicheron Mar 27, 2018 2:50pm
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Post# 27788871
RE:RE:It is over $600 million worth of gold...
RE:RE:It is over $600 million worth of gold...Very disappointing but on the positive side the grade is very good at almost 2 g/t. However, it is only a drill indicated resource and more drilling would be required to take it to a measured category. Maybe a few pits of that size will justify a central process plant. The company needs to lay out a strategy showing how this small resource could fit into an overall development plan.
But don't hold your breath.