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Balmoral Resources Ltd BALMF

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

Post by Chaulkduston Mar 19, 2018 10:26am
168 Views
Post# 27738981

No RE Yet! - 12 Days Till End of 1st Qtr.

No RE Yet! - 12 Days Till End of 1st Qtr.Lets see. At todays prices if BAR comes in with a 1.25 indicated  Million Oz's Marterinier RE, plus Grasset we would have in ground resources of----->

Grasset = $991,729,749
Marterinier = $1,641,363,500
Total in ground = $2,633,092,249
Shares outstanding = 147,035,026
Resources per share = $17.90
Assuming a buy out at 10% of of value = $1.79 per share

Current stock price .315 USD (5-6 Bagger)

Yes, that would cause me to break into my HAPPY DANCE!

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