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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 montybissetton Sep 12, 2017 12:48am
119 Views
Post# 26683206

There has been

There has beenmuch talk about home currencies of mining companies. They pay most of their bills in Ausssie dollars, Mex pesos or Ca dollars.  Revenue in USA dollars. Is it the main factor. Not close. The biggest factor is having the right dirt and the right team. We started out as a regular gold explorer and then took a trip down the nickel hole. Now we are into the fractional gold business. That might be a factor also. You would think if we are now in the fractional business we would pick an area. Concentrate on that area with 99% clarity. It seems bizarre drilling all over the place in a fractional world and talking about hitting the nickel again. If fractional is way to go then we would possibly have 3 or 4 gold mines in  the area with duplicated infrastructure costs and a nickel mine. Again this might be the right strategy 5 years late. Better late than never. Call me crazy if this is the way to go lets concentrate on a piece of dirt..........................
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