Balmoral Resources Ltd BALMF

Hanging In

[Chaulkdust]

It’s a bit bumpy going into the RE. Really frustrating watching the beating we have been taking. I believe the RE will come out prior to the PDAC. They don’t want to announce at the PDAC for sure. So, probably between the 11^th up to just before the PDAC.  I don’t expect a great RE, maybe just over a million ounces or so. But at least it should be a good quality million – with room for more expansion and at least get us on the radar.  The Nickel may still work out as a good play down the road. They still have room to expand that deposit. There are more pools of nickel that are running laterally to what they already found, not vertically. So they won’t have to great depths to expand the area, and they do have targets they plan to look at where the geology is the same as what they already hit. So it looks like I’ll stay in for the long haul, wishing and hoping for a few good breaks along the way.