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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 > Kind of reminds
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Post by montybissett on Jul 11, 2018 1:56am

Kind of reminds

me of the Korelin DW interview. Interim CEO of Detour on BNN gets asked by Bagnell, what are your AISC and grade, He talks about everything under the sun and doesn't answer the question. I wonder why. Detour is one of many reasons we hit .18 recently. Hard to imagine what we have for drill results being next door to a company that has millions of ounces. 7 years ago having a 90% clip and again recently a 75% hit.
Comment by Chaulkdust on Jul 11, 2018 8:44am
Last I saw, Paulson wanted them to SELL the company and return some value to shareholders. Said management was very poor (What’s new)? Previous QTR downgraded things for the future, higher all in sustaining costs coming up due to a drop in the grade of dirt being processed. It was .97/ per ton , now projected to go lower, with processing costs rising. So what does that mean? Reserves of 2 million ...more  
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