Balmoral Resources Ltd BALMF

Vote no for the deal

[Hawaiii]

This is a bad deal. 62 cents implied value is way undervalued. They have 2 billion worth of gold and nickel in the ground. That's worth more than 62 cents. 

fuc wagner
fuc Foulkes 
fuc balmoral. 

vote no. 

im only holding 440k shares, but if there's enough holders like me, we can vote the deal down. This is a bad deal.

[Rustyred24]

It's done sprott voting his shares !

[dutchmann64]

Now Now "H"  have to say this is not a bad deal. I too hold shares and am quite happy about the deal. The big picture is you'll have 308K if WM with a superior management team in control. With KL on the side waiting to purchase. Sprott won't let this go on the cheap. All will be o.k.

[Hawaiii]

Said it before, will say it again. This management team could fuc up a one car parade.  the only thing I can see as a positive is that companies like hecla and yamana will see this as a fire sale and the potential is now there for a better offer.  110 million implied for 2 billion worth of metal, and you get Area 51/52, it's a bargain. 

[chaney]

I get your frustration we've been here for a long time Hawaii. In fairness  to John Foulkes he only delivers the message given to him, dresses it up and relesases. Many times IR IS not invited to meetings.

[lechon1]

This is the best news for shareholders! Based on previous actions by leaders, we clearly were at the mercy of a saviour like ES and competent management like WM. It's been a hard lesson for many when trying to invest in competent people. I know who I will not give my money to in the future. We now have a multi-million ounce legit high grade deposit with the gold price increasing. What's