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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.

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Balmoral Resources Ltd > Jul presentation.

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Post by flashcash on Jul 28, 2019 4:28am

Jul presentation.

Bal has a lot of assets that’s for sure.

https://www.balmoralresources.com/assets/docs/ppt/2019_07_24_BAR%20Corporate.pdf

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Comment by Chaulkdust on Jul 28, 2019 10:47am

I like the new presentation, it pulls together some of the lose ends. Had to laugh at a few of the WM folks who are dumping on BAR. WM dilution at 450 M we are at 150 M. WM is a one trick pony with all hopes on fenelon. If Sprott every starts dumping shares they will be in deep do-do. WM dilution jacked up as soon as Sprott got involved. So be carefull what you wish for it may end not being what ...more

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Comment by flashcash on Jul 28, 2019 11:10am

WM is far from a one trick pony, there is plenty of nickel and PGM assets in Sudbury. Best Bal and Wal work together on this one, plenty for everyone. Egos's best left at the property gates IMO. Both need a mill ! My worry with Bal is they use this opportunity to get PP’s and then drop the gold part, not sure they would but you never know.

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Comment by Chaulkdust on Jul 29, 2019 11:01am

Flash,Monty if you look at WM projects most have resulted in not much. All the exploration in these areas ended in 2013 or 2014. No resource estimates except for fenelon back in 2016 at 36000 ozs and has never been updated. Before I upset any WM shareholders I wish no I’ll will on any company or investor group. But all their eggs are in fenelon, hopefully for them and us it all works out. But if ...more

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Comment by RookieInv on Jul 29, 2019 12:42pm

Are you joking Chaulkdust? Have you not read the news releases for WM or listened to Sprott weekly? Area 51 is a massive find. WM pulled almost 20,000 ounces from a 35,000 tonne bulk sample. WM management has been methodical in what they've done and are always bang on with their projections and don't fabricate anything. They will release a resource estimate once they have the proper ...more

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Comment by flashcash on Jul 29, 2019 2:15pm

Rookie I agree, chaulkdust you are very wrong. I believe the first resource estimate is for around 250 to 400 k oz. And then there will be Area 51 ! Or probably a block next to the main grabbo. Looking good.

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Comment by Chaulkdust on Jul 29, 2019 2:21pm

Yes, hopefully for the WM folks it works out well. Don’t forget the results BAR had with its main gold project a few years back. Still be nice to see a new RE with no guess work involved.

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Comment by diabase1 on Jul 29, 2019 3:06pm

Wallbridge looks to publish an updated technical report on the Fenelon Gold project in early 2020.

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Comment by Chaulkdust on Jul 29, 2019 2:18pm

Didn’t say they haven’t found something. But I’ve seen situations that look great turn sour as well. So nothing like a new solid RE for good evidence. You can read all the releases you want but seeing the actual proof in a RE is priceless. Being a BAR shareholder we have had that occur. Since this is BAR blog on sense talk much about WM here anyway.

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