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Bullboard - Stock Discussion Forum Balmoral Resources Ltd BALMF

Metals & Mining Industrial Metals & Minerals
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 > Good News!
View:
Post by Chaulkdust on Nov 09, 2019 9:12am

Good News!

About time ES dipped his toes in. Positive news for BAR is always welcome. If you listen to ES weekly update he does also mention Nickel as a battery play going forward and expects price appreciation as the inventory reaches zero (0)! Never the less, BAR does have a nice resource package that is under developed. Not only area 52 possibilities for gold but don’t forget Martiniere, that with some deep drilling could easily be expanded to 1 million plus oz’s with a nice high grade starter open pit at 2+ g/oz then a UG mine to follow that we already have an RE for. It’s possible that the whole area if explored/developed properly could become HUGE.
Sprott Weekly Update Link: Nickel at 7:58
https://www.sprottmoney.com/Blog/keep-calm-and-buy-gold-why-its-not-time-to-panic-weekly-wrap-up-nov-08-2019.html
Comment by flashcash on Nov 09, 2019 9:18am
My money is on a big player buy of Wally and the gold in Bally leaving Bally with the nickel assets. i have that gut feeling.
Comment by Chaulkdust on Nov 09, 2019 10:03am
Looks like JF expects there to be a phase 3 drill program in area 52? https://twitter.com/foulkeswagen/status/1192898196353077248  
Balmoral Resources Ltd
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