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Bullboard - Stock Discussion Forum 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 Discussion

Balmoral Resources Ltd > What's up?
View:
Post by jphoward44 on Jul 01, 2016 10:50am

What's up?

BALMF up 5 cents by BAR is not trading. Anyvbody know what the deal is?
Comment by g4groovy on Jul 01, 2016 12:28pm
It is Canada Day, — national holiday in Canada.
Comment by jphoward44 on Jul 01, 2016 12:52pm
OK, got that, but why the10% pop?  Strange......is news due?.
Comment by g4groovy on Jul 01, 2016 1:02pm
Cannot speak to the news, but the volume is low, so it is unlikely. PMs are up in a meaningful way, probably reaction to the moving prices of PMs. 
Comment by montybissett on Jul 01, 2016 6:12pm
DW was out jogging on our property this morning and fell in a very large hole. Turns out he is okay and has stumbled on a huge silver find. So big it is taking them all day to get a press release out on it, thus trading halted for the whole day. HCD 
Comment by chaney on Jul 02, 2016 2:56pm
jphoward44, you might want to look at nickel for the reason it's rising. BAR has an RE for the nickel and  not for the gold. If you look at the spread sheet for nickel BAR put out with the RE press release you see more tonnage comes into play with rising nickel prices. Nickel touched a low of  about $3.75/lb this year and has climbed about $0.75 , now sitting over $4.50/lb. Good to ...more  
Comment by chaney on Jul 02, 2016 6:48pm
Nickel up over a $1 from its low this year.
Comment by jphoward44 on Jul 04, 2016 9:50am
Makes sense, thanks.
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