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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

Balmoral Resources Ltd > good point AB
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Post by montybissett on May 14, 2020 11:01am

good point AB

Mr Wandering might have found it if a virgin area. Hopefully and it sounds like it is down the road aways, WM Ceo is thinking of drilling deep at Mart. I think the big thing right now is get a new RE as big as possible with high grade. Where have we heard that before. He announced more money than amount that has been floating around recently. Putting both bank acounts together is bigger than I thought. The companyt down the road if needed has to borrow money, not use shares. They have enough money to get a huge resource and add a million ounces to Mart plus even drill a few holes deep at Grass to add to that and confirm deep resource, if nickel doesnt go to 3.50 again and inv back to a 4 on front end. Drills back in action asap.

someone tell the powers to be 71% of  1.00 is .71 cents 

just kidding glta
Comment by westcoast2019 on May 14, 2020 10:57pm
I think we may see a spinoff of the nickel properties for next cash infusion or maybe a sale of nickel stream . Could even sell a slightly larger gold stream to Ely or add another with another streamer if absolutely needed.  No need to issue more shares now. It looks like they are reticent on a Bulk Sample but are going ahead with permitting just in case. Nice to know that they have ...more  
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