Balmoral Resources Ltd BALMF

montybissett.....exploration companies are only worth what

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someone else is willing to pay for them. I thought management owned more shares than what was in that last presentation so they won't be able to stop anything. They actually need someone with $$$$$ that will do 50000-100000 meter drill program and prove the gold ozs up. I thought that last drill release had good numbers but the interest faded quickly. I'd say most of the so called high net worth shareholders are getting impatient and know they could have done better on other miners over the last year. McEwen could have bought this with just his profits on Abitibi if he wanted last year but he's more interested in production ozs. bottom line is if the good numbers keep coming and the share price lags watch out for a unfriendly offer. everybody thinks their boat is worth a lot of money until they try to sell it.