Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Voyageur Signs Letter of Intent with Large Multinational Pharmaceutical Company (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
User Avatar Image
(8)
•••
Comment by astrorbiton May 22, 2016 2:14pm
145 Views
Post# 24896419

RE:RE:RE:Why is there no maiden resource at Bug Lake?

RE:RE:RE:Why is there no maiden resource at Bug Lake?It is a "guessing game"

Most are probably aware that BAR had scheduled arrival of the RE multiple times. Last i heard was Q4-2016 by Mr.Foulkes.After the summer/fall winter infill drill program.

The major reason is the cost of capital is too high. Issuing shares at a major discount would of lead to dilution to 190million shares+.

A deeper drill hole would cost $1million+.

One can only hope that management is not delaying due to a lower than expected RE or other technical issue.

Still waiting for the "EYEPOPPING #"
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities