OTCQX:BALMF - Post by User
Post by
montybissetton Oct 29, 2019 4:16pm
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Post# 30283361
What could go wrong
What could go wrongLast time we closed a deal with WM 10/19/16 our stock went from .90 to .9 and last time they closed a deal with us 10/19/16 they went from .5 to .60. Lets try to not rush into giving away the gold again. Lets see what WM has and be patient. On the 3 year anniversary of the Louisianna Purchase a few days ago WM partied all night and BAR mgt went home at noon. Still trying to figure out how long the freight train was that ran over them. If Fenelon is 1/2 as big as ES projecting they will have serious resource. You would have to be dumber than DW and JF combined not to want BAR. The cost of mining the Bar would reduce dramatically with the infrastructure that would have to be in place to mine Fene. Rigtht now WM has a lot of pie in the sky and that is changing quickly to elephants hanging out in N West Qu. They have a huge amount of shares out. A small portion due to Fenelon. As mentioned before could you imagine the share price of WM, if only shares out for Fen and funds raised for drilling Fene. What the share price would be. That would have given us another jolt in our share price. DW could win another Quebec award he touts so much. The biggest give away deal in Qu since Churchill Falls. Due to expire in 2041. As far as I'm concerned we are getting basically next to nothing for everytime sticking a drill bit in the ground hitting either gold or nickel.
The sale of shares and the royalty over 1 million dollar flush and counting. Add on a couple hundred million of Fen sale and your starting to talk real money. Even for DW
Mr Patient.
Which includes being a Patient in the Psych ward
GLTA it has been quite a ride for last 7 years.