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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 goodtoreadthison Feb 08, 2019 9:35am
64 Views
Post# 29337075

RE:Balmoral Discovers New Nickel-Copper-Cobalt-PGE Zones

RE:Balmoral Discovers New Nickel-Copper-Cobalt-PGE Zones Those are indeed healthy read out numbers; but I wonder if others have the same problem I have with BAR. It seems when we are talking about gold and when we are talking about NI that every time we find something worthy of reporting, it is a new discovery.  It would be great if BAR would expain how they in a substantial overburden environment, find these "new" finds.  It might  be more helpful for our stock price if management explained why they drilled where they did. Holes 7 KM away from the prior find at Grasset certainly deserve some explanation of how they decided to put rigs there. 

If management is SOOOO good finding new riches, an explanation of their process of doing so might help build new investor confidence in BAR.  It is quite demoralizing as an  investor to pay $1 plus (US) for shares that crumble to .13,.14, .15 per share.  DW  how did the BAR team locate this new area ?  What connectivity with Grasset NI does management think might exist ?  For examples of how to do that BAR might look at Ardea Mining in Western Australia.   
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