Balmoral Resources Ltd BALMF

RE:RE:RE:No RE YET! - 22 Days till 1st Qtr End.

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This has to be a typo, possibly from a different company.  Nothing about it makes any sense:  The dates are historic, the 120,000 TPA works out to 328 TPD which is too small for anything but precious metals, and the idea of sending samples out to prospective customer makes no sense when the customers are refineries.

The whole paragraph is just a mess.

astrorbit wrote: DGC has 22 years of mine life.

It is clear that BAR with a succesful RE will eventually be in the path of DGC. The keyword is "eventually"

BAR will have some value even at 500k ounces.

Here is a strange synopsis about BAR.Meeting May 17 and 18 year 2018

https://www.weare121.com/121mininginvestment-london/client/balmoral-resources/

The company is completing a Pre-Feasibility Study which contemplates a staged expansion by a second module, resulting in a combined production rate of 120ktpa. Pilot plant work will be completed in Canada by March, finalising circuit design, product specification and providing large volume samples for prospective customers. The Company is well funded for the next year, which will see completion of technical and financial studies and then seek project funding. Our objective is to fund the project development in 2017 and be producing in 2018.