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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 astrorbiton Aug 01, 2018 4:10pm
122 Views
Post# 28400375

Marketing campaign...Line up.

Marketing campaign...Line up.There are 7 events scheduled for remaing 2018.

By Sept 20 there hopefully is news otherwise "what is the point?"

It is the same events,probably the same attendees.

7500M is estimated to be about $1million.Which is half of Phase #1.

Talk about "stretching/delaying" for the nickel price..$1million is such a prudent amount.

Phase #2 is dependant on Phase #1 and Phase #1 is estimated according to the technical report 2016 to be 15000M(total metres) for $2M which also suggested a PEA.

The whole Phase #1+#2 is 30000M for a package total of <5Million.

Hopefully the financing is prudent given the share price.

The deposit still needs their "companion" ala Nova-B or Ovoid+ED.

3mt is small.

1 question is could it be used as a satellite deposit.Truck it and smelter it.

Wonder what the SIZE&scope need to be..25mt total?

It took 1 1/2years to get to 3mt. so..




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