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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

Post by astrorbiton Sep 20, 2016 4:45pm
190 Views
Post# 25257948

Nothing new...

Nothing new...The red lake scenario has been mentioned on previous corporate presentations.

The resource estimate is closer ..........but keeps moving.

Detour gold did purchase land to the south of their current deposit. Burnt bush.On the ontario side.

The glaring problem is DGC has major debt repayment coming due in 2017. DGC has enough ounces to sustain and not worry about adding ounces.






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