OTCQX:BALMF - Post by User
Post by
astrorbiton Nov 09, 2019 5:17pm
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Post# 30331972
Fenelon boundary map.
Fenelon boundary map.Wm presentation page 7
Based on this the gold should be on adjacent property.Wm drilling right near the boundary hitting gold.
wm is the locomotive and bar is the caboose.
how much cash does wm need to complete 80-90,000m?
There is no way bar will finance a huge drill program.max per year would be 10,000m.
Based on recent history of 4 holes and 9 holes.It may be less than that.
The best scenario would be bar and wm put their area51/2 into a new. Spin out company with a major 19.9% shareholder.
The only thing is if bar discovers their own elephant.As it stands Wm controls the fate of bar.
This would allow bar to focus on nickel assets just as the nickel story unfolds.
Still waiting for Martiniere j.v.