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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 awacs1on Nov 08, 2019 11:55pm
112 Views
Post# 30330701

RE:RE:RE:It's official......

RE:RE:RE:It's official......ES has just taken out an insurance policy to cover the event that the Tabassco and Cayenne zones do flare out into area 52. Balmoral needs to consider increasing shareholder value by spinning out the Ni/Cu/Co holdings. I am confident the part separated would be worth more than the current package. The separate entities would enhance fund raising and simplify matters if a takeover of the Au package was on the table. Besides Ni has tanked recently. 
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