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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

Comment by fishcarrieron Jan 19, 2020 3:53pm
133 Views
Post# 30571368

RE:RE:Unwavering plan.

RE:RE:Unwavering plan.
awacs1 wrote: Agreed a very conservative approach, but I hold that they are expecting to ride on the wake of WM Nrs, But the NR included info that 177 holes have assays pending from the 2019 drill campaign. The results could be the catalyst we need. Keep warm




I don't know about any 177 holes that have assays we haven't heard from. If so, BAR doesn't seem too excited about them. No mention of it in this press release. What they DO mention is the progress WM is making, that Sprott is involved there, that KL is involved there, that KL is going to merge with DGC, and that BAR share prices are up. All is talk about the increasing interest in BAR. But the only excitement I see is the results of their geophysical campaign and that they have an injection of funds, and that they're going to drill. I also note that the CEO sold a bunch of shares. Looks like the weather froze their blood. 
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