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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 Dec 09, 2019 1:04pm
172 Views
Post# 30436325

When selling

When sellingYou need a couple prospective buyers. KL is definitely a potential buyer. So is WM. I would like us to drill a few deep holes at Mart. To confirm grade is deep. WM is also a suitor. Those 9 holes set us back as we would be at .50 now. I would take a flyer on WM buying with a downpayment and balance of funds when they sell or build. With KL dropping 5 billion next door they don't need a potential 5 billion mine in the neighborhood owned by someone else. 
For  what they would pay for compared to what they shelled out they would look kind of foolish if a elephant showed up next door. 
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