Balmoral Resources Ltd BALMF

RE:RE:RE:RE:RE:RE:RE:RE:Walking in circles...

[chaney]

Astro, so you're given this latest drilling zero? You're not alone the market is treating it like its still at 55k. So these latest drilling results at deeper levels added zero? I know I'm repeating myself. I thought the whole point of drilling deeper was to prove just that.

Higher nickel price will also add more. 


Cobalt results were pretty impressive as well.







[aaquote=astrorbit]$7-$8 nickel price would give 103K

https://www.youtube.com/watch?time_continue=493&v=SdkKFNf7X9w

8:00Mark.

Current is 55K

The issue is why no major investors?
A new RE won't happen for many reasons. Not enough cash which leads to less Metres drilled.

If one does occur it will be when it will be at critical mass based on $6.

Major problem is cash. If this next drill program is $1M and does nothing for share price.BAR will really be in a difficult situation.

If financing was secured then it would at least provide a backdrop.At this point a new low may be coming in Nov/Dec.
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