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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 Feb 07, 2019 1:29pm
58 Views
Post# 29333300

Why patient

Why patientYou might remember WT bailed at 1,100 an ounce when gold on way to 1,900. We need to thread a needle now in a storm. Not a hurricane but a stiff breeze. We need 7.00 nickle and we need 1.400 gold to get the party started. We need to wait for that. We aren't at .15 because of the assets. We are there because of mgt. We sold a small chunk of the property for 4 or 5 million if you add the royalty and the shares at peak value. I'm just not interested in selling 100% of either asset at bottom of our market at this time. Just one stupid shl willing to wait for better times. I also understand better times might have passed us by. The table was set in 2012 for 2 walk off home runs. DW got into wandering out of the batter box and swinging at balls way over his swelled head. 
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