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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Balmoral Resources Ltd

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Comment by goindeeperon Oct 11, 2013 11:26am

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Post# 21810457

RE:?

Junkhells are you thinking that the money was raised for a buyout of gta? I was wondering about that potential yesterday. GTA is likely down to $2 million or so and its not a good time for them to be going looking for money. They have a few very promising targets and properties. With BAR already owning 11% I think they would be a good aquisition but my main concern is depleting BAR's cash. A cash and shares deal might work though.

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Cross border trading in Canada and Australia