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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

Post by Chaulkduston Oct 18, 2019 9:33am
123 Views
Post# 30243359

Nickel Bullet Train?

Nickel Bullet Train?Nickel inventory drops 72,246 tons in the last 30 days, now sitting at 91,062 tons remaining. If this rate continues we will start the New Year out at near ZERO levels. Woe to those producers who didn’t stock pile Nickel as the price will rocket. Indonesia planned to stop ore shipments in Jan. 2020. As the existing private supply gets eaten away the need to replenish stock will hit and the hopefully drive the price yet higher in 2020.  Situation could look very favorable for Nickel resources, so let’s hope BAR gets back on the Nickel Bullet train quickly. Just my opinion.

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