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Balmoral Resources Ltd BALMF

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.


OTCQX:BALMF - Post by User

Post by montybissetton Oct 12, 2018 4:30pm
111 Views
Post# 28791467

being patient and going from the meaning of is to was

being patient and going from the meaning of is to wasSomeone recently complained about being negative. They have that right. If anyone thinks being negative about mgt is fun. They haven't been paying attn to how we got to .14. 

So we give out 2% royalty and get back 1% and fire sale that off. Bit of goofy here. Say Wall pulls out a mi ounces. Got av of 1,500 Ca for it. That is 1.5 bill. That gives Bar shl 15 million. 2% gives 30 mill royalty. A whole lot of coulda shoulda going on.

Mgt press releases always say IS well funded. Working like crazy to say WAS.

We have gotten a small bump on the back of 2nd drill at Grass. Could you imagine if stupid would have stopped last Feb and 3 drills were planted at Grass and not wasted money drilling all over then not drilled latest mess in May and put 3 more drills out in Sept. We might have been able to hold onto our royalty or at least beenn able to sell it from strength

Mr Negative 
formerly Mr Critical.  
   
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