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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 > guys and girls
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Post by montybissett on Apr 04, 2019 12:03am

guys and girls

All is not lost. Not too many companies have to rely on getting fleeced to get value. Wall up another 10% and up 500% since we did the deal. Probably would be up 2000% if we insisted they flash up a new company to hold Fenelon in. That could be FAKE NEWS. Even though we made a major boon doggle selling Fenelon then doubled down on stupid by selling 1/2 of of our shares way too soon. We have put the folks over at Ely up 100% ever since we blew out the royalty to them. DW must be getting itchy fingers on that mess to raise money for mgt wages. Apparently DW and JF have gotten their hands on a new pickup and a used back hoe and working over at the Fenelon property on the night shift. Figured a 1% royalty was fine for Bar shl but looking for a 100% royalty for DW and JF. Apparently Bar didn't have to pay for PU and BH but will look after the fuel costs. That sounds more than fair.
Apparently Bar is being follwed very carefully by analysts and large players in the market. If they do a deal with someone that triggers a huge gain for the other side of the Bar deal. 
We are definitely being watched. Not for drilling news. That would be deal news.
Comment by diabase1 on Apr 04, 2019 8:45am
"Gold mineralization is a low priority target on the Jeremie Property due the distance of the property from the Sunday Lake regional deformation corridor. Structural zones along the margin of the Jeremie pluton would provide a permissive geological environment for mesothermal gold mineralization". Taken from the Balmoral website. It is my understanding that gold is found along splay ...more  
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