Balmoral Resources Ltd BALMF

RE:LMORAL CONTINUES TO EXPAND BUG GOLD DEPOSIT AND NEARBY HORSE

[FastFF]

Makes sense - instead of piling more cash into Bug, which at this prices means huge dilution, better to wait for gold's next move up, and better leverage. Unless you've been in a coma, you should have seen the move up in nickel, EV demand growing, which means the economics totally different now, and getting bwetter.

There's a old Kenny Rogers song: "Have to know when to hold 'em, know when to fold them" - what else can Co. do but play cards as market deals them?

Go ahead and sell you shares, the value of nickel side now worth everything, and gold will sort itself out by years end.