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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 goodtoreadthison Feb 08, 2017 7:51am
173 Views
Post# 25814840

New find- proper term?

New find- proper term?BAR's geological work has been great ; but the recent news releases label further vein discoveries at Bug Lake as new finds. Is that an accurate way to describe a relatively near by new vein discovery ?

I don't recall other miners using that description as they flesh out the various  aspects of deposits.

The recent analyst report gave us a ballpark guesstimate of 2 mill oz of au and when u wrap that around $400 million US in nickel, u get really big numbers. 
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