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Coeur Commences Drilling at Silver North's Tim Project (click to learn more)
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Bullboard - Stock Discussion Forum Balmoral Resources Ltd BALMF

Metals & Mining Industrial Metals & Minerals
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 Discussion

Balmoral Resources Ltd > No winter drilling
View:
Post by chaney on Mar 05, 2019 11:02am

No winter drilling

There is no drilling taking place right now and probably not for another month.

I suspect the only news if any will be something to do with financing.

We might be revisiting that .12 low and possibly lower if this drags out. $ 3 million just not enough to do the drilling they need to do.
Comment by AlternativeView on Mar 05, 2019 1:09pm
What did Wagner say on stage this morning?  Anybody at PDAC?
Comment by astrorbit on Mar 05, 2019 2:31pm
The last drilling campaign did nothing for share price. The reason is there is no safety net if this upcoming drilling program fails to move the share price. $3M-1M=2M $1M worth of drill results is so insignificant. To maximize the capital left BAR needs nickel to rise drastically and have hope that a major finally does something. Nickel is currently at $6.07. To be on the safe side it has to ...more  
Comment by chaney on Mar 05, 2019 3:04pm
Wagner is not attending PDAC but don't read to much in to that.
Comment by Hawaiii on Mar 05, 2019 2:03pm
Welcome to reality Chaney. 
Comment by chaney on Mar 05, 2019 3:01pm
Hawaii, you tod me they were out there drilling and their no so yes I've changed my time line. Still like it but will wait to buy cause unless they put out news that will help the pocketbook there's nothing until about late April early May. There is no drilling at this time. RE:RE:RE:RE:RE:RE:Budget impact? posted February 19, 2019 06:00 pm  by  Hawaiii    ...more  
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