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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

Comment by AlternativeViewon May 12, 2018 9:42am
144 Views
Post# 28022181

RE:RE:FYI

RE:RE:FYI
shneps wrote: Thanks Chaulkdust. That certainly was not the normal easy going Darin Wagner we've seen in the past. Pretty somber, shoulders hanging down.
Unfortunately that last NR did not do us any favours in relation to livening things up.
Still a great set of assets with undeniably more good things to come.
Cheers


What "good things" are those?

Frankly, BAR has carried out a great deal of regional exploration over the past several years, from Detour East  To Lake Grasset, and it has all up up blank.  Regional exploration could work out, but there is no guarantee. 

I followed Grasset nickel hole by hole, section by section, as it was being drilled, and it is not obvious to me where any expansion potential exists.  So if BAR wants a "hit" on the next hole into Grasset, it will likely be infill.

I just don't see a workable plan for BAR, at this point in time.

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