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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 Donlinon Oct 05, 2017 10:54am
251 Views
Post# 26780417

RE:Being patient

RE:Being patient
You are probably right with your assessment.   This is becoming a frog in water and the heat has been turned on.   We just don't know that we are getting really burnt as we keep on believing that the motherlode is just around the corner.

This is no longer a darling within the mining sector.  The only thing that could be positive in this situation  is that the stock is being taken down for accumulation purposes, so a buyout or major news release can bring some extra $$$ into the coffers.   Bottom line to this scenario..........don't think so!!!!


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