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Balmoral Resources Ltd BALMF

Metals & Mining Industrial Metals & Minerals
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

Balmoral Resources Ltd > RE
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Comment by goodtoreadthison Feb 09, 2018 1:42pm
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Post# 27534795

RE:RE:RE:RE:RE:RE:RE:RE

RE:RE:RE:RE:RE:RE:RE:RESince DW said 1.5 is the low side estimated number, logic would tell us that 1.5 mil will be the lowest RE value reported. There is however one wrinkle in this.  The RE comes from an independent firm and while that firm and the company talk, the company does not control the ultimate report by the firm. 

BAR will take a significant hit should the RE come in much below 1.5 mil OZ.  1.5 mil hit will gradually elevate the stock price. 
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