Balmoral Resources Ltd BALMF

We have gone

[montybissett]

from too nuggety and pick up and back hoe deal to now drilling at the Fenelon border. Somebody better make sure these clowns don't miss and drill on WM land. This is not an easy call for mgt to make IMO. Or it shouldn't be. I would let WM drill up to the border as they have a ton of cash and have a bulk sample coming to add to the pile if it pans out. Keep the area a mystery. 

This gives DW a fix. Drilling and spending money we don't have. DW had better pray WM doesn't put out bad drill results right from their side of border right after DW spends precious money. Possible Bar mgt knows more about the area than we do from info WM has deceminated.    

I think I would have called up ES and say will drill at border if you would buy our WM shares for a .50 each and give us 2 million and we will give you 5 million BAR shares and a option for 1 year to buy 10 million at .50. The 2 million plus has to be spent at targets you pick. ES might start snoring in the middle of the conversation. Then give him a option for 1 year to purchase Fenelon sized border land for 25 million. He owns 100 million plus shares if not mistaken. He might like to own 100% of land next door that might have better results on our side of the dirt. If you don't ask you will never know.    

At one time today ni price up another .35 to 6.80. Up 2.00 from the recent low this year; more than 40%. 8.75 Ca is starting to look good. 

Seatle Slew that is a statement DW or JF would make.