GREY:ABGFF - Post by User
Comment by
silvertonon Oct 24, 2010 10:57pm
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Post# 17605583
RE: RE: RE: The BLM
RE: RE: RE: The BLMBalmoral was $13M oversubscribed. Copperstone becoming a 45,000 oz a year producer short term and leaping many barriers time wise with the BLM is huge. But do not discount their shares in Balmoral to finally unlock the huge potential that Fenelon and Martiniere, that are neighbors of Detour Gold. A few short km to the west. BZA sold their 1M oz Taurus property to HAW and still own their shares. The Northshore property also has huge potential. , may the gold be poured at Copperstone but maybe the $7M BZA got cash and shares from BAL. that turned into $18M from some big investment houses. A 3 year moratorium on drilling on their Canadian properties may have cost them some share price and their gift to Balmoral. With the BLM decision ,and a shorter time frame to production, the junior producers are far and few that on the road to production GLTA on the AM with news coming..