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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.


OTCQX:BALMF - Post by User

Balmoral Resources Ltd > Majors NOT GAMBLING.
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Comment by astrorbiton Aug 24, 2018 1:12am
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Post# 28510028

RE:Majors NOT GAMBLING.

RE:Majors NOT GAMBLING.240,000 on LME coming up. 3 months and 60,000.

Nickel price has not adjusted to historical price.

BAR is now cheaper.<23M(-6M cash)=17M

Splitting the enterprise value in half $8.5M per asset.

Financing is upcoming...late Q4 perhaps.

The safe bet is drilling at Grasset.(Snore)

Might as well wait for financing before Quading down.
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