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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.

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OTCQX:BALMF - Post Discussion

Balmoral Resources Ltd > Newmount’ s cash position

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Post by flashcash on Dec 01, 2019 12:23pm

Newmount’ s cash position

Sits at around : Ended the quarter with $2.7 billion of consolidated cash...

Any ideas what they could do with it ????? Gulp !

Nothing to see move along...I can imagine the two droids are Wally and Bally...these's are not the gold mines we are looking for !

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Comment by flashcash on Dec 01, 2019 12:33pm

We may find out tomorrow. https://investors.newmontgoldcorp.com/events-and-presentations/event-details/2019/Newmont-Goldcorp-2020-Guidance-Webcast/default.aspx

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Comment by candele on Dec 01, 2019 9:39pm

This post has been removed in accordance with Community Policy

Comment by GoLdPGESkinsPuN on Dec 02, 2019 6:12am

yup. same with all gold miners, and any PGE miners, only because they are solely miners, NOT 1 of these until this past year, took down a new gold discovery made by a junior in Canada, Telfer probably was inhaling Vancouver second hand pot smoke when he stated "...we so good at finding gold we found it all..."... no one committed him to the looney bin?

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Balmoral Resources Ltd