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.

Add To Watchlist

OTCQX:BALMF - Post Discussion

Balmoral Resources Ltd > Process Plant for Walbridge and Balmoral

View:

Post by steamfitter on Feb 04, 2020 10:31pm

Process Plant for Walbridge and Balmoral

I am positive there are some mining plants not in use. Sitting there rotting away due to lack of use. Timmins, Kirkland Lake and further along to Quebec there are plants not in use anymore. What I am thinking is tear down and rebuild the plant on Wallbridge property. Short term fix till a new plant can be considered. Gold can be produced and transportation costs can be saved.

118

Comment

Comment by 6Azithromycin on Feb 04, 2020 10:34pm

This post has been removed in accordance with Community Policy

Comment by steamfitter on Feb 04, 2020 10:48pm

Just the notice of building the plant will push the share price up and a producing mine has income. I can see the future of a buyout but let's face it we don't want to run out of money drilling and then be taken over.

109

Comment