Balmoral Resources Ltd BALMF

RE:RE:RE:RE:unfortunately got it backwards

[montybissett]

Your now saying I think we should have been doing extensive drilling in the gold prior to the Grasset find. One more time. Right after we found the nickel which helped drive our price up significantly we should have raised even more money and stuck with the drills in the gold. We did just the opposite. I don't think DW did that to hurt the company, he was trying to make a fast buck with the nickel and hit it big time with the drills and a RE. The RE flew over like the Hindenberg.  A lot smarter people than me would have done the same thing. Again I thought it was wrong for many reasons. Unfortunatley the dumb guy that being me was right. First time this year. We don't have a substantial drilling process under way at Martinere unfortunately but we are drilling and that is a plus. Mr W trip to the nickel farm was a huge plus for me personally. I gave up on the company. Not by selling my shares but investing in companies that were dead serious about gold and silver. 9 months ago I wandered into Sabina and still there after the Caribou crashed the party and used it for another buying opportunity and then KAM then AMM and THO 6 months ago that got me back into WTM which I thought was interesting.and then after some downers happened to T.P a little over 2 months ago got into that.The stock I will leave you with is one I have as many shares in as BAR is MXL with only 25% of the exposure. You had to have a shower after buying this stock. It was like a small scale Murray Pezim deal when he first started out on the VSE 50 years ago. I was looking for companies that actually might be interested in producing gold. I think it is still a great buy but who knows. For a guy who has never bought a mining stock till a few short years ago it has been a fun ride. Fortunately I didn't give up completely on BAR and grabbed some 20% off our recent low and then 60% off our recnt low where my average is now. GLTA and when you get a chance to talk to Mr W ask him if he could find some silver as that is the flavor of the day and it matters.