OTCQX:BALMF - Post by User
Post by
montybissetton Dec 16, 2019 5:08pm
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Post# 30460919
Raised another 4.5 million
Raised another 4.5 millionDW seems to always be impatient and wants to drill. I would hope we would get a lot more info from WM. He has a beauracy of friends and wants to keep them with cash flow. This is a flow thru deal at a decent price considering. I think we should approach KL or ES for a loan 30 million at market rates and give them a mortgage repayable in 3 years at market rates with the kicker of a option to get 30 million shares @ .50. We drill out our gold and our nickel.
I would still want to wait till WM drills the hell out of Fenelon.