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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 > Lining up,timing.
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Comment by Chaulkduston Sep 05, 2019 6:36pm
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Post# 30100235

RE:RE:Lining up,timing.

RE:RE:Lining up,timing.Updating my previous post with the new data from Grasset the new in ground total is $2,479,450,133. Also forgot to mention that these figures are only for the Indicated Resources in the 43-101 I did not include Inferred Resources. SO the total increase from March 2018 is $677,658,490. So at 155m shares outstanding we have $16 of in ground resources per share at a current share price of .1656 (USD) thus BAR is selling at 1.04 percent of known in ground Inferred Resources. CHEAP( IMHO) – this does not include the 20% improvement in the GOLD RE that was indicated in the presentation.


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