OTCQX:BALMF - Post by User
Comment by
TysonHunteron Jul 02, 2015 2:19pm
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Post# 23887132
RE:From theaureport
RE:From theaureport
This is a great post! I assume Balmoral will be bought out above $3.00, considering the fiancing at 1.80, the investors must be looking for a worthy exit strategy. I am long term share holder, and I was reccommened not to sell by my broker when we hit 1.91
However I strongly feel that they need to get their lifes together and create a god dam resource report so they can become a buy out target. Hoping Newmount buys them out, they always pay a good price.
I heard most companies target at least a million ounces of gold, I know we are in the delinetation stage and there not reporting any resources yet. But it would be nice to at least see a business model for this