Balmoral Resources Ltd BALMF

FYI

[Chaulkdust]

As of today’s prices here is what BAR has found (Indicated only) and reported in a RE
What this is all really worth is what the market will pay. I just use it as a rough comparison to other companies and what they have found so far.
Resource             Amount                              
                                Indicated             Price        Total Resource Value
                                               
Ni            119,089,400.00                 6.16           $733,590,704.00
Cu           13,232,100.00                    3.06             $40,490,226.00
Co           2,340,300.00                      41.5             $97,122,450.00
Pt            37,900.00                            929              $35,209,100.00
Pd           93,400.00                            982              $91,718,800.00
Au          591,000.00                          1345.46     $795,166,860.00
                                                                              $1,793,298,140.00

[Streicher]

Chaulkdust, those numbers are meaningless. No QP would report resources in that way. The only values that matter are reserves that can be mined at a profit. As yet, BAR has none. That is a fact. No bashing, shorting or whatever you wish to call it.  As for drill results, we continously get reports of  thin spectacular intersections, with the small print noting that the values are uncut

[kbagai]

Agreed. Nothing about shorting the shorted. This horrendous stock has gone down consistently for almost a decade now. This is going to die a dog's death...below 20s, below 10s, then to sub-5 cents.

[Streicher]

I might add that my "investment" in this company is now worth less than 15% of what I paid some years back. I still have 30k so I have the right to criticise. I put my money into the company, unlike the officers and employees who just take out.