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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

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Post by montybissett on Oct 04, 2019 4:25pm

Honolulu

The reason the stock didn't move on that disclosure was JF and DW have burned so many people with their decisions and disclosures. Those decsions and disclosures we know about. As mentioned before can you imagine what we don't know about. I can't imagine they aren't working on something now with Mart and going deeper with a JV. I think before any decision made we have to find out how this drill program of WM turns out. I don't know if you can do this. Rolling Fene and Mart and a signicicant amount of our land minus a huge chunk surrounding Grass into a new company would be a winner. One of the big problems WM has is the 500 million shares that is holding them back. They didn't move on a significant amount of those share outstanding if not mistaken.  I could be wrong but a roll back in this case might be justified. We are getting absoutely next to nothing for value in Grass. Same as when price was 3,50 with 4.7 inv and now 8.15 and 1.5 inv. Selling anything outright would be even dumber than getting asked a direct question about MRE and mumbling 300% higher estimate than what was coming. DW and JF so burnt out with this project. They might approach a Native band and trade it for beads and a bottle of tequila. The last sentence hopefully fake news. I could be wrong but I think I have more cash in this project than all directors combined. Which will put me at the top of the list for a role in the sequel to Dumb and Dumber called Dumb Dumber and the The Dumbest. DW as Dumb and JF as Dumber and me as The Dumbest. Formerly known as Mr Critical and Mr Patience.

Patience is the only way out of this mess. 1,750 Gold and 10.00 Nickel. Then someone with Rob McEwan's integrity and honesty running the company. We have had 1 move in last 4 years that has made sense and it moved the price significantly. Lets hope it is a trend.
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