Balmoral Resources Ltd BALMF

Penalty

[montybissett]

2.5 million if not mistaken. The only good thing and I can say the only good thing is DW wouldnt get to rip us and the employees off for 2/3 of a million.

[steamfitter]

They know we have them surrounded and without an extention of their property the major find just may be on our side of the fence. Like any mining company I believe that they have flowen over and recorded the strength of our property. Surface is easy to read. The direction of their drilling could also demonstate the possibilty of good gold continuing in our direction.  I am saying no because

[westcoast2019]

Steamfitter Are you sure there are adequate funds available for this year. As of Dec 31 there was $8,984,807. I don't know how much of that has been spent to date this year already but raising more cash in this uncertain environment may not be easy or cheap and drilling costs are not cheap either. In Balmoral's annual report dated March 27 2020 for the last year starting on page 19

[canusa]

The vote is a no brainer "yes" in favour. As a BAR shareholder you would get all the upside potential of WM and BAR proerties still. WM has great management and has Majors circling them like sharks waiting to buy them out within a year is my guess. BAR clearly stated in their circular they are in favour of this transaction and asked all shareholders to be as well. Its a win win IMO