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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 Mulletman99on Sep 19, 2019 1:48pm
124 Views
Post# 30144326

RE:The real deal?

RE:The real deal?"If they announce a financing campaign in the next couple months, I call bullsh*t on Area 52, and caution people to not buy into the hype. If they sell a property to finance Area 52, then its a whole different game. In my opinion, if they think Area 52 is significant, they have to generate the cash to prove it, and not by dilution." Playing devils advocate here but why is future success dependent on what funding strategy they use?
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