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Bullboard - Stock Discussion Forum 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 Discussion

Balmoral Resources Ltd > Missing out on PDAC
View:
Post by kbagai on Feb 20, 2018 9:50am

Missing out on PDAC

BAR does not report any results prior to PDAC?

Confirms the sub-scale nature of RE.

Entering PDAC with a small RE after years of drilling will make it tough for DW to present without stuttering. 

Either ways, disappointing for the stock.

One way would cause the stock to correct further in 1 day, and the other one will spread the pain over 2 weeks?

Management first, then comes the property (for exploration stocks).

Here we have neither.
Comment by AlternativeView on Feb 20, 2018 10:21am
If things are really as bad as you suggest then perhaps the best course of action is to jump off a bridge.
Comment by kbagai on Feb 20, 2018 11:04am
Let's wait for the results now. As I said this management has scored zero points for being on time and being credible. Bad results caused the stock price to go down for last seven years, the RE will just summarize all the results and make it a bigger pile of sh*t. You will be joining me with that jump. Let us just wait. Tip of the day - Invest in tier 1 management. Not tier 3.
Comment by chaney on Feb 20, 2018 3:59pm
Sell and buy GIC.You are losing it.
Comment by kbagai on Feb 20, 2018 4:12pm
I’d wait to see the management thrown out of PDAC. 
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