Brien Lundin, in the December, 2016/January, 2017, edition of the Gold Newsletter, says hold Balmoral Resources Ltd., recently 80 cents. Mr. Lundin said buy three times from July, 2014, to July, 2016, at prices ranging from 87 cents to $1.54. Assuming a $1,000 investment for each of the three buys, the $3,000 position is now worth $2,214. Balmoral recently drilled the first of three deep holes at the Bug North deposit of its Martiniere gold property in Quebec. Highlights from the first hole include 48.6 metres grading 1.07 grams per tonne gold. The hole increased Bug North's vertical extent by 140 metres, and the deposit remains open down plunge. Mr. Lundin is eager to see more drilling at Bug North and other areas of the "enticing" Martiniere project. He will keep Balmoral as a hold while he awaits the next set of results.