Balmoral Resources Ltd BALMF

Just One More?

[diabase1]

Thanks Chaulk for your thoughts. Good ones!! However, in BAR's case, infill drilling would probably only increase reserves by 10-20%. I don't think they'd be wandering around looking for new targets, as they have already carried out geophysics that look to have detected some interesting targets. Keep in mind that this area (Detour Fault) is covered (no outcrops). Limited funds? I realize that. However, it should be their plan to budget at least one drill for exploration drilling, while the other drills continue on infilling. How many drills do they have going now? Smashing results from a new target, either gold or nickel or VMS, from a separate target, would do wonders for the share price!! However, any outside drilling would have to wait for a winter programme, because of the swampy ground. With respect to the 810 property, they recently carried out an IP survey and are considering a 2018 drill program. However, BAR talks about potential gold. However, maybe they should also be THINKING VMS!!!! Then again, the powers to be will make their own decisions.