Balmoral Resources Ltd BALMF

RE:Lining up,timing.

[Chaulkdust]

BAR resources that have been positively identified by a RE NI 43-101 in ground. This does not include any new drill results or extensions to these areas made of the last several years. The RE for Martiniere only goes to a depth of 350 meters, we now know that the zone now exists down to 600 meters. Also the current prices for Ni & Au are much higher than they were when these RE were completed. Thus the cutoffs for the ores would now probably come in at much lower levels, thus increasing the ore reserves. And of course, ore in the ground is only worth what someone is willing to pay for it. I have been keeping track of the progress since March 2018. So for comparison here is the data as of today. The total in ground value in March, 2018 was $1,801,791,643 while today the total is now $2,145,577,263 an increase of $343,785,620.
So BAR at 155m shares outstanding that’s roughly $13.84 per share of resources. Given BAR’s current USD price of .17 per share – that means BAR is selling for about 1.24 percent of its known asset  in ground value.  What does all this mean? Perhaps BAR is cheap at .17 usd? Bar back in March of 2018 was at .225