OTCQX:BALMF - Post by User
Comment by
stranger2on Feb 16, 2012 1:46pm
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Post# 19544254
RE: changed to BAR
RE: changed to BAR
That was certainly a good call on your part to sell GTA on day 1.
I expect at least 6-7 days of downtrend from today for GTA, before it gets anywhere near its bottom. All the real value at Northshore currently vests in BAR, not to mention BAR's other properties: Detour, Fenelon, Northway-Noyon, Martiniere, and Gasset.
There is plenty of speculation over at GTA, but as far as Northshore goes, GTA is going to have to raise all of the money, do all of the work, and pay into Balmoral substantially to meet their earn-in requirements.
It would be great if BAR was also a seller of GTA on Feb 14, but the insider selling at GTA hasn't been officially filed yet, so who knows... Looking forward to Detour results in the near term from BAR...