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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

Post by montybissetton Jan 23, 2017 12:56pm
470 Views
Post# 25742065

Learned lesson

Learned lessonMr Wagner isn't going chasing Zinc. When we found the nickel. it was said by a few to be the promised land and that cost us a bundle of cash chasing a resource dropping in value. However as BAR always does hopefully they will keep a small chunk of our funds drilling in the Zinc area. If we were to go and switch again and not get our RE out there on the gold for the 100th time it might hurt the company again. As mentioned before the company has been a bit unlucky. We found a valuable resource right at the wrong time N. Someone was complaining we have 125M shares out. Maybe have a look at the assets. We have a 2 valuable assets and just stumbled on another. We need to raise some more money or we need to bring in a partner with deep pockets. This is a huge tract of land and we could use a Jr partner with 50 million. Nice to see the company jump after release and not days before.  
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