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.

OTCQX:BALMF - Post by User

Balmoral Resources Ltd

Bullboard Posts

Post by astrorbiton Nov 28, 2014 8:42pm

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Post# 23176284

Drilling with purpose. Nov 26 Presentation update.

The purpose of drilling is to confirm the thesis.

Reading up on nickel the determination of a resource or to continue drilling can be confirmed quite quickly.

The plans to increase drilling in 2015 is confirming there is still reason to continue drilling.

This is not to say that there is an economic resource. Given that management has a track record. It is "safe" to say that there will be drilling with purpose.

Just hoping that management will know when to say "mercy" if it happens.

A "blow out" of some sort is expected in Q2-3 IMHO.