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Balmoral Resources Ltd BALMF

Metals & Mining Industrial Metals & Minerals
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 by User

Balmoral Resources Ltd
Bullboard Posts
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Comment by KevinF2848on Nov 01, 2012 6:11pm
265 Views
Post# 20552330

RE: RE: RE: RE: RE: Over Hanging issue on warrants

RE: RE: RE: RE: RE: Over Hanging issue on warrants

Mountainpose,

So happy to hear from you.  This is one of my favorite names right now.  I don't buy explorer's because it is too easy for a company to just line their pockets and never expand the resource so the poor shareholder just keeps getting diluted.  This one is different.  Not going to cheerlead here, its not hard to see the potential of their properties.  The market will notice soon.  As far as gold, agreed with the techicals.  To me, the line in the sand was $1680 and it never was violated.  $1680 is the 65 week ma.  It also bounced off $1700, another key level.  However you look at it, this stock is going up from my persective and it is good to see a "pro" agree.

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