Balmoral Resources Ltd BALMF

RE:RE:RE:Yes frustrating.....,,,

[Streicher]

chaney, you actually wrote any juniors, not any junior gold explorers. But going back to gold, Bar has performed particularly badly. Darin has told the same story too often and despite incessant drilling and claims of spectacular results, we are still waiting on a proven or measured gold reserves statement. The orebody model is normally the basis for directing drilling to either improve the quality of the reserve estimate or to increase the reserve/resource. With this company, there seems to be a scatter gun approach. It needs a hard-nosed mining engineer to put some discipline into the spending program. A mine is all that matters at the end, not endless drill programs.