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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 by User

Bullboard Posts
Post by BEARINTHEWOODSon Sep 26, 2014 11:22am
307 Views
Post# 22973441

BAR - BALMORAL RESOURCES - Volume signals

BAR - BALMORAL RESOURCES - Volume signals
Sub 100k trading days in 2014 for BAR:
Sept 24 59k Apr 29 51k* Jan 10 81k Jan 8 66k Jan 2 60k
* Where price was $0.75 on April 29 and a long run up to the $1.95 level occurred following the “negative volume spike”…..
This latest sub 100k day may indicate that the “supply” of shares at the price (where price = +/- $1.50) has now been taken up by the market and that we are now ready to move forward; ie. additional volume could reasonably be expected to have a positive response with respect to price.
Always do your own dd and seek professional advice from a registered representative before acting on anything read on the Internet. This is for information purposes only and based on public information readily available to anyone.
Good day, BITW
Bullboard Posts