Balmoral Resources Ltd BALMF

It's official......

[Boomer61]

https://www.globenewswire.com/news-release/2019/11/08/1944242/0/en/Balmoral-Welcomes-Strategic-Investment-from-Mr-Eric-Sprott-Closes-Final-Tranche-of-Non-Brokered-Private-Placement-for-Total-Gross-Proceeds-of-3-5-Million.html

[rocdic]

This post has been removed in accordance with Community Policy

[astrorbit]

Nearly risk free.Warrants@.30for 18 Months. In 4months,watch volume. It will get interesting when bar splits nickel and gold. Area52 as it stands still needs wm to get a 43101 slated for 2021. 6million for 2020.$1.5budget for winter2020 would be a guess.Grasset,bluenose,area52. Once area52 drill results come out it will be about 4 months until more news so buy in late feb.

[Rustyred24]

Curse somebody knows something

[awacs1]

ES has just taken out an insurance policy to cover the event that the Tabassco and Cayenne zones do flare out into area 52. Balmoral needs to consider increasing shareholder value by spinning out the Ni/Cu/Co holdings. I am confident the part separated would be worth more than the current package. The separate entities would enhance fund raising and simplify matters if a takeover of the Au package