Balmoral Resources Ltd BALMF

RE:They must be drilling more promising results.

[goindeeper]

There are a couple of news releases to be anticipated. 1) As early as July 22. Drilling to reporting of the 8 Grasset holes reported took 3 weeks. There were 4 or 5 more holes in progress as of July 8. If they find and report any more net textured sulphide intervals it could be as early as July 22. 2) Shortly after August 4, Civic Holiday. Look for the updated Grasset assay results for the initial 8 holes sometime shortly after August 4 civic holiday. They could cause another significant jump in share price since they found the big intervals of net textured sulphides that they were looking for. Although I believe some investors have already factored in the potential of a rich economic deposit based just on the visual presence in the core and the already published assay results, real numbers will draw even more attention. Condensed from the July 8 news release: All eight holes intersected broad intervals of sulphide mineralization along the projected extension of Horizon 3. Seven of the eight holes have intersected net textured sulphide intervals with the eighth returning heavily disseminated sulphides. An additional 4-5 holes are planned prior to a short break in drilling to allow for additional borehole geophysical work to be completed.