OTCQX:BALMF - Post by User
Comment by
surveyor2582on Jan 23, 2018 3:14pm
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Post# 27418423
RE:Conference update
RE:Conference update Short update. DW wasn’t present Sunday, had a power line come down and block his street so he couldn’t make it. John did the presentation, only had 10 minutes so it was brief. Basically the same information from the web site. Talked with John for quite a while. Looks like gold RE in 3-5 weeks, in the lower end of of 1-3 million oz range. However, it will be of good grade and the 4 areas are jointly located making a nice package with no useless rock in between them. Next financing probably around October or so. Drilling program will be announced shortly. Nickel will get better delineated once the price Is between 6-7. Drilling will continue to expand the gold resource and some new land-810 will be investigated. Good turn out in Vancouver lots of people roaming around. Actually quite a bit interest in nickel, our deposit is very good quality at grasset. Hopefully, a decent gold RE and some press and analyst hype will get the stock moving in the right direction again. Between the nickel and gold REs we should have approx 400-450 million in ground as a start.
Read more at https://www.stockhouse.com/companies/bullboard/t.bar/balmoral-resources-ltd?symbol=t.bar&name=balmoral-resources-ltd&postid=27417228#OV8pPsxwweOrRtMY.99
Before the shorters and bashers start singing their negative tune about the waiting they did say that they will continue drilling to expand the gold resource.