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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

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Post by montybissett on Jul 03, 2019 3:57pm

The plan

which is no guarantee they will stick with it. Is to find a JV to drill deep at Mart where supposedly the higher grade is. In the meantime our new neighbor WM who were walking and now driving new pickups compliments of DW  have 4 drills rotating with a ton of news coming over summer. One would think comman sense would prevail and we would be patient and see what they have. They have went from a 15 mill company to a 200 million company recently before pulling back. When you have a billionaire with 25% of company saying wild and crazy stuff about expectations. Might be a good idea to be patient. No guarantee those drills will take it to another bizarre height but who knows. Doing a deal now
would be even dumber than selling WT on way from 1100 gold to 1900 gold.  

If Sprott has a clue about value it will be a hot area. There is a bit of chatting going on with anothe royalty of 2% on Fenelon that Ely if not mistaken has now bought. Sounds like a bizarre story. Hopefully we hav no exposure.
Comment by Chaulkdust on Jul 04, 2019 11:35am
I’m sure you have heard about 3rd world countries? Now we have BAR turning into a 3rd world class explorer. Marketing is nonexistent, no scheduled events for March or April, not much in the bank, where we had 6 events in these 2 months last year. Nothing on the web site about any future planned events? I guess JF & DW sit in Vancouver waiting by the phone for a JV to call. They have been ...more  
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