Balmoral Resources Ltd BALMF

Jul presentation.

[flashcash]

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

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

[Chaulkdust]

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

[flashcash]

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.

[Chaulkdust]

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

[RookieInv]

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

[flashcash]

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.

[Chaulkdust]

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.

[diabase1]

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

[Chaulkdust]

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.

[flashcash]

The future of Wally has much in common with Bally, it’s the same ore body ! GLA