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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 montybissetton Nov 12, 2019 11:58am
153 Views
Post# 30340266

CD

CDI thought the alligators had got you. We just had HUGE news Friday. Hopefully within a week or so WM or BAR will release some results. BAR talking of drilling Grass in the new year. As of today that would be a worse decision than drilling it in 1st half of 15 with Ni price crashing and Inv going to the moon. The reason is worse because our costs of drilling have skyrocketed with low share price and raising money in that environment. Hopefully we can flip with the flavor of the day. Gold is also down but WM has been a huge story in our neighborhood. Huge grade so gold price to date not a huge factor. Hopefully gld can hold in the 14's or all bets off. Again hopefully WM will give us ideas on where to drill when their results come in like they did recently. We doubled our share price on just checking out the neighborhood. Hopefully The Babe Sprott knows more than we do. We need Ni with a 9 on front end to spend any significant cash there. Couple holes to reintroduce okay but not a drilling program. DW JF have been spotted at the local Case and Ford dealers checking out the price of BH and Pickups so all is well. Next announcement just for you CD could be the purchase of those entities.    
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