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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 montybissetton Apr 10, 2020 3:11pm
269 Views
Post# 30897718

I didnt see it either

I didnt see it either After re reading it 2 more times and wasting my time. 

It looks like we are getting taken out. It also seems KL gave its aproval long ago. Hard to imagine laying down 5b ca and a Jr picks up a land package with huge potential right out from under your nose. next door.  A few have said we will be taken out again right away. I doubt that. One huge positive is WM connection with nickel. In a few years that could be a huge deal and hopefully not dumped. Looks like there will be trillions thrown at this mess we are in. A decade ago China threw trillions at the recovery and drove metals higher. This time looks like whole world going to throw a lot of moolah. The talk of helicopter money has turned to Boeing 777X-9 money. The Fed has made a mess. Dropping interest rates in the last month was a fools errand. Should have waited till the epidemic closer to end and dropped 2 points in one crack. I was hoping we would have lots drill holes announced before the take over but looks like not. Not happy about going over to the wm board as it is a sh-- show half the time. Looks like WM will have over 700 million shares out. Ton of capital to drill. Would be great if they were going to be getting at that bulk sample as gold just about hit 2500 ca. Last bulk was at 1,750 Ca. Another 700.00 all profit with much lower fuel costs. Another 20,000 would generate 70 million with a much better number above aisc. They could basically drill out the property with bulks if allowed.
Of course 70 m based on todays gold number in Ca that could go up or down. They should get a contract for delivery.

glta   
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