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Balmoral Resources Ltd BALMF

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.


OTCQX:BALMF - Post by User

Post by montybissetton Oct 28, 2019 4:25pm
126 Views
Post# 30278227

We have been led

We have been led to believe grade is deep in the Abitibi. WM just recently confirmed that and Bar has proven it also by their MRE. Unfortunately not enough but who is counting. If that is the case there is a lot of gold under that there muskeg. Including a low estimate of WM @ 5 M. E S napkin wouldn't agree on that low number but there is easily 10 million ounces in total on the land Bar owned and owns. As mentioned before if WM gets taken out and you don't take out Bar you could end up like us when WM hit the jackpot at Fen. It would be like USA buying Alaska from Russia for 100 million in 2008 dollars. That could be a bit of an exaggeration. 7 million in 1867 dollars.       
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