Balmoral Resources Ltd BALMF

Metals & Mining Industrial Metals & Minerals

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.

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Balmoral Resources Ltd

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Comment by Micky1212on Jul 05, 2014 2:10pm

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Post# 22718459

RE:RE:RE:Micky1212 says $5

Sorry, but 50$ is absolutely unrealistic.

All the stock which were going so high like for example Aurelian had a very low count of shares. Here we are at 110 Mio in the moment and this will not be the end. To bring a stock to 50$ with 110 Mio shares means that they must find atleast 20 Mio Oz Gold eq.
In the moment they have no resource, and nothing with a really value.
I must not further speak here the truth the market will do it, but everybody who is new here should be very careful. If the next hole isn't good we will go back very fast.

Cheers

GLTA

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