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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 Sep 14, 2019 1:01pm

It seems

WM and BAR are looking at some kind of JV. Hopefully we aren't handing over our Gold for their Nickel. I think WM has taken us to the cleaners enough. To the tune of 150 million and counting. They went up .40 on 400 million shares. Just guessing. If we both spun off gold into new company provided we both have good results. The amount of ounces ES and some shl are talking it could be hard to put a deal together. It must be getting obvious there is a lot of gold on the properties. Or maybe both being looking at by DGC or KL. Nice to have some positive thoughts. DW even looks like he is out of intensive care and on the mend. Hopefully learned a few lessons and not giving away the dirt again. JRB seems to think we have gold pull back for a couple months so we can go higher. After a 10% rise in Ni inv we have had  our 2nd tiny drop in just over a month. No telling where Ni would be if the drop had kept happening and China USA hadn't got in a squabble. That was long over due by 2 decades.

glta
Comment by Chaulkdust on Sep 14, 2019 2:39pm
I doubt BAR will do anything until they have finished the phase 2 drilling on area 52 and have received the assay results back. So that puts us out until November for final results? What they find will obviously determine what they may or may not do. If they hit a super high grade hole they may just hold on to the property. While they have no money now they could do a PP if things looked amazing ...more  
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