Balmoral Resources Ltd BALMF

I have heard HECLA is doing an evaluation of BAR. This older

[mountainpose]

(Attached post) from one of our members should wake a few hibernating bears. It was an excellent post. Congrats. We will have to wait and see if Hecla likes what they find. Either way the money is coming out of the ground! Note the mention of Hecla. Here is the post: This summer we will continue to drill out and get resource-ready Mart. However, I have a strong feeling that Balmoral will make a new discovery of significance outside of the main Mart. area. We have 15 high quality gold targets outside of the main zone. What we do best is discover high quality assets. We discovered Mart. West, then Bug North, then Bug South, then Bug Lower Steep and we also discovered Nickel while drilling for gold. I also think we will win our 3rd prospector of the year award in Quebec for fiscal 2017. So we will soon have a high-grade gold 43-101 on Mart. coupled with us possibly making a new very significant gold discovery. The market will soon, I repeat, soon start paying attention to this company. We check all the boxes and management knows it. Let me illustrate all of the boxes: 1. Location - Quebec - top tier on the planet. 2. Political risk - Quebec - I assess this at zero. 3. High grade gold - 50% of our holes have over 10g/t. System averages 8g/t. 4. Scale - every time we drill we find gold. We have district scale here. 5. Large mines close by - Detour, Hecla, GoldCorp just to name a few. 6. Infrastructure and labour - we are in the Abitibi. Enough said. 7. Share structure and capitalization - 125M shares out. Management has done a very good job in these weak gold markets of not significantly diluting the shareholders. We now have large torque WHEN this turns. 8. Management - I was a shareholder of West Timmons Mining. The shares went up 24 times in about 10 months. I'm telling you now Balmoral is more valuable than West Timmons. So what then, is stopping Balmoral from going up 24 times from its recent low of $0.62 to $14.88? That's not my prediction, but I have felt it before. Our assets are extremely high quality and that's what the Glencores and Heclas love. 95% of mining companies do not have high quality assets. In my opinion the odds of us getting acquired are high. I am fully expecting very high returns. The share price will follow the success of the business, not the other way around. Onwards and upwards.

[blueray]

Most brokerage houses usually sell most of their PM stink that they couldn't push out to the flock and dump it in October. Many start buyout stories to help with their exit of losing positions for the year. It looks like bannanacord was the big seller this week............I guess they don't like Hecla. https://www.stockwatch.com/Quote/Detail.aspx?symbol=BAR&region=C

[chaney]

Not a lot of trading, Cannacord playing both sides but more on the buy side.