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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 AlternativeViewon Jan 29, 2019 1:55am
80 Views
Post# 29291028

Looking For A Nickel Company That Is Not BS?

Looking For A Nickel Company That Is Not BS?Do yourself a favour and take a look at FPX.  The run-up today could be a bit early, as I don't expect any PR until early March, in time for PDAC.

The Baptiste depsosit is not BS.  It is real, huge, economic at today's prices, and will produce a very high grade concentrate, likely 50%+ nickel that does not need any roasting or smelting.  And there is a good chance the concentrate can be easily leached to cook up NiSO4 for battery production.  This would be a paradigm breaking development, by-passing Class 1 nickel completely.

NB: I recently bough back into BAR, as I think it might be a bit too early to write Darrin off.  BAR is speculative, where FPX is not speculative infofar as their Baptiste deposit.  What is speculative about FPX is that they have Van, a second, undrilled, huge target about 5 miles from Baptiste, also in the Decar nickel district.
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