Brien Lundin, in the August, 2015, edition of the Gold Newsletter, says hold Balmoral Resources Ltd., recently 57 cents. Mr. Lundin said buy Balmoral in July, 2014, at $1.54, and again in March, 2015, at $1.03. Assuming a $1,000 investment for each of the two buys, the $2,000 position is now worth $922. The company recently started drilling programs on its Grasset Nickel and Martiniere properties in the district-scale Detour trend project in west-central Quebec. The company currently has two rigs at Grasset, starting a 6,000-metre program targeting the H3 nickel-copper-platinum group element zone. The company hopes to use the data from this program to complete a resource estimate on H3, due in the fourth quarter of 2015. Balmoral is also busy with a 5,000-metre drilling program at its Bug Lake gold deposit on its Martiniere property. Mr. Lundin notes that the company has enough cash on hand to expand either program if the results are promising. He concludes that Balmoral is in a good position to capitalize on any good news from either of its properties, but he will keep the stock at a hold and wait for drill results.