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 > For what it's worth

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Comment by astrorbiton Aug 09, 2016 4:19pm

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Post# 25123950

RE:RE:For what it's worth

The $5 million drill program this year (20,000 metres), is completely funded and the company should exit 2016 with more than $10 million in the treasury, which Wagner says is more than the company has ever spent in a single year.

ALL OPTIONS are in the money now.

Share Structure (as at Aug 4, 2016)

Authorized:	Unlimited Common shares

ISSUED & OUTSTANDING:	125,264,167
Stock Options outstanding:
2,035,000 @ $0.60 expiry March 14, 2021 360,000 @ $0.77 expiry June 18, 2020 150,000 @ $0.90 expiry December 23, 2019 300,000 @ $0.61 expiry February 5, 2019 2,955,000 @ $0.60 expiry January 23, 2019 2,267,700 @ $1.05 expiry February 6, 2018

TOTAL STOCK OPTIONS OUTSTANDING	8,067,700

FULLY DILUTED:	133,331,867