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Bullboard - Stock Discussion Forum 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 Discussion

View:
Post by montybissett on Jan 13, 2020 9:45am

actually

to buy KL and WM shares. Someone just asked why KL might take out Bar 4,5 billion reasons. They just offered up shares for DGC owners to take out DGC if it goes thru. Bar is showing double grade than DGC witth shallow holes. I doubt KL wants to end up with someone moving in and picking up a ton of gold right out from under their nose. Could be wrong but I hope not. Hopefully this doesn't look like the royalty we sold where WM takes us out and flips to KL for double. I think we should make a deal to let WM spend the millions they raised to drill around our border and work together ont that. Maybe we concentrate on Mart unless they hit the motherlode on their side of the border in the next few months.
Patience is the name of the game. Huge amounnt of news coming with KL and WM. KL needs to get DGC to start the ball rolling Kind of like Russia for a neighbor last 200 years or USA. Huge diffference to our future
Comment by Chaulkdust on Jan 13, 2020 4:25pm
I guess we will know by the 28th if the Deture deal goes through. If it does not get approved watch out. If I were KL then I would immediately make offers for both BAR and WM. Get them cheaper than  when the assists get developed. It would/could be the steal of the century. KL would be bloated wit cash and stock to perform the deals.
Comment by Chaulkdust on Jan 13, 2020 4:27pm
Oh, I also would make plans for a mill for processing the multi million oz's of gold that is in the package.
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