OTCQX:BALMF - Post by User
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Hawaiiion Aug 30, 2019 4:35am
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Post# 30082120
Area 52 program
Area 52 programGoing to be a very long, drawn out process. Phase one began July 18, completed August 26. Four holes drilled, total combined depth 2148 metres.
Area 52 is permitted for 21 drill sites.
Based on simple math, the total suite of drilling phases will take 204 days. Factoring in Christmas, etc, the Area 52 drilling program should be completed by the end of February, 2020. Unless it gets abandoned for some obscure reason that never gets explained. Sounds a lot like Martiniere and Grasset at this point.
Current treasury cannot support this program, let alone the planned summer/fall exploration activities. Expect financing drive to begin mid-to-late September. Hat in hand - gfys Johnny.
Saying it for years - the smoke and mirrors bullsh*t continues.