Brien Lundin, in the September, 2017, edition of the Gold Newsletter, says hold Balmoral Resources Ltd., recently 64 cents. Mr. Lundin said buy four times from July, 2014, to July, 2017, at prices ranging from 68 cents to $1.54. Assuming a $1,000 investment for each of the four buys, the $4,000 position is now worth $2,712. Balmoral is looking to raise up to $7-million for activity on its Detour gold project in Quebec. It plans to issue 5.7 million flow-through shares at 71 cents through a Canada-wide offering, while also conducting a separate offering, just in Quebec, of 3.33 million flow-through shares at 90 cents. Mr. Lundin supports these financings even though they are dilutive. Balmoral will likely use the money to explore the Detour project's Martiniere property, where Mr. Lundin sees "considerable" potential. He will keep Balmoral's stock as a hold while he waits to see how Balmoral spends its fresh cash.