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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

View:
Post by Chaulkdust on Oct 21, 2019 10:10am

BAR's PR

I was curious about the Lac Rocher deposit mentioned in the PR by BAR. The company holding this deposit is Victory Nickel Inc (NI.CD). Stock price now at .0226 with a market cap of about 2.2 Million, 95 million FD shares outstanding. They have 4 Nickel projects and are into Frac Sand (which is now in oversupply). Too bad we don’t have the funds to pick up the resources here at a bargain price. Company has gone downhill drastically since  2011 (stock at 1.90) and is now in debt.
Comment by flashcash on Oct 21, 2019 12:32pm
Unfortunately gold is going to be the only way out for balmoral, once they get gold out the nickel will follow, if they don't it's down in the dumps again.
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