Balmoral Resources Ltd BALMF

Winter drill program

[acorporated]

Does anybody know when break up is or if has already occured? Temperature in the Abitibi has hit about 20 degress celsuis already.

[astrorbit]

Prior years give you a basic timeline. Drills are not active IMHO.Restart in late june(probably) According to one news release the drills were to stop at the end of march. However, the expansion of the drill program and weather may of allowed more drilling. March 31/2017 $8.172,458 working capital 9,087,631 cash and eqv $5million budget for remaining 2017. estimate cash burn 750,000/month.(if

[hillbillytrader]

I have to say that this stock has made my top ten in bad speculations over a period of 40yrs. I figure 4 to 5yrs is long enough to wait, with possible more dilution coming we've entered into a vicious circle of raising capital and drilling only to increase the OS shares to hopefully out weigh all this with a  respectable RE....good luck to all! Hillbilly