OTCQX:BALMF - Post by User
Comment by
flashcashon Jan 27, 2020 1:08pm
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Post# 30604236
RE:Johnny I realize
RE:Johnny I realize
montybissett wrote: You got your shares cheap. But sell our gold to have enough for drilling out Grass. Give me a break. We basically did that 6 years ago. Walked away from gold and spent millions on Grass as the price of nickel dropped close to 2/3's and inv went up 300%. If I thought that was going to happen best to be long gone. We would be right back to SP of 9 months ago and same leader wandering around the other nickel projects we recently got our hands on. That would be like telling WM sell off fen to KL and lets get back to where we were before purchasing Fen. Ni situation is an incredible assett that hopefully one day will be a huge deal along with the properties. Maybe check out inv and price level and how amny ev batteries need to be built to get the ni price to go up 50% to get the party started.
I only bought into Balmoral due to the massive discovery by Wally and the fact that the rest of the property could hold these deposits. Selling the gold....not for chips...and we can mine the PGM and nickel is a sound decision. Ultimately KL will get their way, let's just get prepared for it !!!!! A good royalty of 5 to 7 % on the gold would gives us a strong position.