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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

Comment by montybissetton Jun 29, 2016 12:35pm
190 Views
Post# 25009000

RE:RE:unfortunately got it backwards

RE:RE:unfortunately got it backwardsNot sure you read my post or previous ones. I have said in previous posts D.W. a genius when it comes to finding good dirt. It is the execution that I have an issue with. I suggested over the last 2 years we drilled dramatically more in the gold and dramatically less in the nickel and got a RE out on the gold and not the nickel as we were told many times that would happen. DW got advice that nickel was the direction to go. He thought the world economy was going to do just fine and China was going back to double digit growth and nickel was the ticket to the promised land. As I have mentioned it is easy being a back seat driver and that would be me. However I voiced my concerns many times on this board and to him personally. In my lone conversation with DW he was respectful and took the time to say what was on his mind and listen to me. Him and his advisors got it wrong. I suggest he got it backward and got the wrong RE out to the market place. I'm suggesting that now would be the time to spend the money on the nickel after we had a share price north of where it is at because of having a RE out on the gold. If you thought we were a gold company with a great add on asset 6 to 8 months ago you would be the only one. Gold in Canadian dollars has done pretty well. It is now 600.00 an ounce Ca. north of where West Timmins sold out to Lake Shore Gold. I respect your POV that things have went swimmingly but I respectfully disagree. So far at least we don't have a Caribou issue. GLTA
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