Balmoral Resources Ltd BALMF

RE:Financing

[Chaulkdust]

Yes Mr. C you may still come. We will just duct tape you to a chair so you don’t hurt anyone! You are correct about the Ni price. I believe in certain parts of the world they are paying up to a $2 premium per pound for class 1 nickel. Unfortunately, the  LME was supposed to be looking into a 2 tier price a year ago, but I bet the big Laterite boys are putting up a struggle to keep it like it is. Also, noticed that the inventory level has now stabilized around the 200,000 level for some unknown reason? Probably an effort by some entity to stop the steady slide we have seen for the last year and prop up the LME. Absolutely no correlation between price and inventory levels anymore, just rigged markets like everywhere else. Mother nature will hopefully prevail and the price will attain it’s true level.

Yep, limited funds, time to put away the shotgun approach looking for a new resource away and get the cannon out for a direct hit. Now that AV is back in the game perhaps he would like to join the parade as well. In the meantime,  hoping that we get some positive drill results from Grasset. I can’t believe that DW said we would see results in 2 weeks in his VRIC video. Maybe he meant 2 weeks to get the results back and then a few more weeks before anything gets released. BAR has not been good at hitting targets or stating things clearly. However it plays out, I’m sure we will hear something prior to the PDAC. 

Anyone going to the PDAC? They have an interesting  Nickel session on March 5^th with several Nickel explorers presenting including BAR (10am- 11:30am).