Balmoral Resources Ltd BALMF

Korelin

[montybissett]

There is a fellow under the handle Ex over at Korelin on the comment page for Monday 3/2 who has commented over the last year positively about Bar. He is very thoughtfull in his comments and seems to well read and thought of by the folks on the board and mgt. Doc has even come out of the closet and says he is a share holder. Ex might be the biggest poster on any resource board in the world. The last sentence might be FAKE NEWS. He also posts another opinion on the deal which is a very different point of view. I agree with Ex pov. The other person is basically saying WM paying to much per ounce. That is short sighted in my view. In DW wanderings he found gold everywhere. The only areas where he spent more than 30 minutes he found a billion plus at Mart and where he spent more than an hour Grass where we had recently well over another billion. Ex gives the link to the other pov. 

The big question is where is KL McGoo. I cant imagine he spent 5 billion to have a huge land package next door picked up under his nose for less than 100 million as share price Bar stands today. Hes got a mill and that gold is worth more to him than anyone. I realize to date, he got his head handed to him on Detour deal short term. I cant imagine he is in the laundry room watching tv and wondering what Waldo is doing. He must have given the okay for this deal just not to the public. Hope Im wrong and he gets a new pair of glasses and back in the game. I would prefer KL shares or cash and keeping Grass for a few years down the road. Doing a deep dive on WM nickel to see if that might be a partner in the nickel game.  I just find it hard to believe he gave his blessing and got back to watching the laundry. For 104 million WM based on grade could possibly have more gold than KL in the Abitibi. If that happens KL is making a huge blunder. McGoo could pass DW who will hopefully be inducted into the - billion dollar man and be the - billions dollar man. KL shl so bummered out by share price drop they aren't seeing the nuggets getting passed by. Nice to not have to watch the paint try for a change.

I imagine everyone seen Rules opinion on the deal. He would be spouting the Babes line of course.

glta