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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 > Budget impact?
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Comment by AlternativeViewon Feb 15, 2019 12:02pm
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Post# 29371063

RE:RE:Budget impact?

RE:RE:Budget impact?I expect the announcement of the start of drilling to come next Monday.  $200/meter is a better budget number for the cost of drilling.

chaney wrote: Currently they are not drilling. Question is when will they start drilling again?  PDAC just around the corner, will there even be a winter drilling program?


quote=astrorbit]

A $1M budget is about 10,000M of drilling.

Considering that the last campaign was 11,000M and share price barely moved.

Taking some budget to do exploration holes on the new properties might be the most bang for buck.

 



[/quote]

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