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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 by User

Bullboard Posts
Comment by bluerayon Sep 24, 2015 8:50am
95 Views
Post# 24130831

RE:Denver Gold Forum

RE:Denver Gold ForumI listened to the Detour presentation and while they need feed for their mill it looks like its going to be homegrown, coming from a new higher grade underground mine on their property. Detour undecided on 2016 hedges for gold as the current hedge of 50% of production expires at the end of . October. Jr producers are so cheap why bother with explorers. McEwen from (MUX) and Reid from (GORO) are both producing, paying dividends, with Ca$h, and are drilling more footage on their own properties. Plus ..you don't have to play the Canadian broker game of tossing shares at the bid to try to get some of the PP gravy train. Denver Gold Forum.........its more drinking & golfing than looking out for shareholders
Bullboard Posts