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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 Nov 12, 2019 11:58am

CD

I thought the alligators had got you. We just had HUGE news Friday. Hopefully within a week or so WM or BAR will release some results. BAR talking of drilling Grass in the new year. As of today that would be a worse decision than drilling it in 1st half of 15 with Ni price crashing and Inv going to the moon. The reason is worse because our costs of drilling have skyrocketed with low share price and raising money in that environment. Hopefully we can flip with the flavor of the day. Gold is also down but WM has been a huge story in our neighborhood. Huge grade so gold price to date not a huge factor. Hopefully gld can hold in the 14's or all bets off. Again hopefully WM will give us ideas on where to drill when their results come in like they did recently. We doubled our share price on just checking out the neighborhood. Hopefully The Babe Sprott knows more than we do. We need Ni with a 9 on front end to spend any significant cash there. Couple holes to reintroduce okay but not a drilling program. DW JF have been spotted at the local Case and Ford dealers checking out the price of BH and Pickups so all is well. Next announcement just for you CD could be the purchase of those entities.
Comment by Chaulkdust on Nov 12, 2019 1:39pm
Monty, actually outran a couple of gators, so I’m still here. Yes, I have been following the action and actually buying some BAR on the dips just to show how stupid I am. After all the cr$p we have been through I can’t believe we have stuck around this long! A while back I bought some WM just to try and double dip and that worked out nicely so far. The Sprott news is great of course, anything that ...more  
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