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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

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Post by montybissett on Jan 27, 2020 4:04pm

If we hit

if big at 52 then share price goes up significantly................ Hopefully that hit it big deal is after WM has drilled the area significantly before and given us the keys to the pomised land. If your dumb enough to sell a property for 1 cent on the dollar hopefully smart enough to let the buyer point you to where to drill and you get back 3 or 4 cents of the give away to get to a dime of the dollar. You only end up flushing .90
Comment by kstockhousel on Jan 27, 2020 8:03pm
This post has been removed in accordance with Community Policy
Comment by acer5500 on Jan 27, 2020 8:07pm
ther you go . check out wm news. area 52 has high grade. go wm
Comment by awacs1 on Jan 27, 2020 11:31pm
The latest WM nr is not really of much value to us. The trend toward area 52 is advanced by FA 19-099 which reported VG with assays pending. We are now into the game of where's the pea? it would be a great accelerator if we started to drill toward that area.
Comment by diabase1 on Jan 28, 2020 9:22am
..........about 300m from BAR's western Area 52!!!!
Comment by diabase1 on Jan 28, 2020 10:43am
That should have read 300m from BAR's western Area 50!!!! Sorry about that.
Comment by goldhunter11 on Jan 28, 2020 11:20am
There is some discussion on the topic on wm board,particularly under "Note" with respect to Area 52. Area 50 is on the NW area where WM had the 800m extension. The rest of the post is a napkin math for WM area (more than double the RE of ~10Moz discussed by ES), for those interested . Pasted below for info: "There is no need to wait for ES to do his napkin math. He has done it ...more  
Comment by diabase1 on Jan 28, 2020 11:44am
Goldhunter11: One thing I noticed on WM's map is that their Area 51 drilling is on NW-SE trending magnetic features, while the magnetic trend just across the boundary in BAR's Area 50 is almost NE-SW. Any thoughts??
Comment by goldhunter11 on Jan 28, 2020 4:54pm
diabase, You noticed that too, eh? Keen eyes. That is a good map. Hole #89 is about 250m from the boundary and right on the end of a mag feature (the mauve/orangy colour. On the other side (Area 50) has a bigger blob  of the same colour. Just wondering if the info came from WM or BAR, since BAR was doing mag mapping as well of their property. Similarly, on the south side there is another blob ...more  
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