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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 Malpeque2on Mar 14, 2020 11:03am
148 Views
Post# 30807470

RE:You guys

RE:You guysKL will probably be the winning bidder for the consolidated asset package someday in the not so distant future.  

Meanwhile    you have the chance to make some decent coin in the merger itself as an ARB play as BAR trades most of the time at a decent discount to WM shares at .71 exchange ratio.........AND.........you get to drill up the combined land package and prove up the reserves.

FUNNY,   ES going to end up with a decent position in KL again thru a merger of WM into KL AFTER all the drilling and reports are said and done!!
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