Brien Lundin, in the November, 2014, edition of the Gold Newsletter, refreshes his buy of Balmoral Resources Ltd., recently $1. Mr. Lundin said buy Balmoral in July, 2014, at $1.54. A $1,000 investment at $1.54 is now worth $649. The company recently released assays from a six-hole drilling program at its Bug Lake South target on the Martiniere property along the Detour gold trend in Quebec. Mr. Lundin says the results demonstrate the outsized potential at Bug Lake, noting that each hole encountered gold mineralization. The company also recently reported it would sell a financing of 5.9 million flow-through shares at $1.70. The newsletter editor says because of the recent drop in Balmoral's share price, the company might have to renegotiate the terms of the financing, but he still thinks it is capable of raising the same amount of money. Meanwhile, Balmoral also received a $2-million injection in its treasury as a result of shareholders exercising warrants at 75 cents. The company now has $7.1-million in its treasury, which will more than double once Balmoral closes its recently reported financing. The editor concludes that although the stock is not worth chasing, it is worth buying on weakness.