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.

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Balmoral Resources Ltd > It looks like no Major in bidding mode.

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Comment by TomTomtwoon Apr 13, 2018 5:32pm

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Post# 27882969

RE:It looks like no Major in bidding mode.

Those figures are meaningless. Bar has no reserves of gold, nickel or copper. Reserves are based on mining economics. All it has is resources which add up to zilch without a lot more work. This company is driven by geologists with lifetime employment and not a clue, from what I can judge, about finding anything that will attract a major's interest.

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