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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 awacs1on Oct 28, 2019 8:26pm
111 Views
Post# 30278971

Gas on the fire!

Gas on the fire!If BAR can come up with a couple of good assays from area 52, there are several outcomes which are all positive. First we could have an 'irrational exuberance' run, Second we could attract attention from some of the resource or gold funds which currently do not have a position, and finally, management may start to focus on this play in area 52. One large advantage BAR has over WM relates to the # of shares out and MC ( 10:1) in favour of BAR. Love the area play and the potential drill results which should be out in the next two weeks. 
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