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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 > Lining up,timing.
View:
Post by astrorbit on Sep 03, 2019 3:27pm

Lining up,timing.

Both main assets economics are rising with no extra drilling.

Grasset at$9 should make it 100,000 tones.

Hole#1-4 pending.

The timing of results when both metals are going up.

Financing window is open sept-oct.

This pp could be the one that brings in major names.

Considering bar is near all time lows.
Comment by Chaulkdust on Sep 04, 2019 11:02am
BAR resources that have been positively identified by a RE NI 43-101 in ground. This does not include any new drill results or extensions to these areas made of the last several years. The RE for Martiniere only goes to a depth of 350 meters, we now know that the zone now exists down to 600 meters. Also the current prices for Ni & Au are much higher than they were when these RE were completed. ...more  
Comment by Chaulkdust on Sep 05, 2019 6:36pm
Updating my previous post with the new data from Grasset the new in ground total is $2,479,450,133. Also forgot to mention that these figures are only for the Indicated Resources in the 43-101 I did not include Inferred Resources. SO the total increase from March 2018 is $677,658,490. So at 155m shares outstanding we have $16 of in ground resources per share at a current share price of .1656 (USD) ...more  
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