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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 CarefulEyeon Nov 07, 2017 4:27pm
135 Views
Post# 26921037

RE:I just got this from John Foulkes at Bar...

RE:I just got this from John Foulkes at Bar...Eric Sprott has taken a huge stake in Garabaldi (as he has in NVO). His combined gain on these relatively short-term holdings (in my estimation) is many multiples -- !0X, 20X, far higher?  He and his team saw an early opportunity and pounced, big time.

My point is -- as much as I am attracted to BAR's potential, why is nobody else? Where are the Eric Sprott's who might see potential for massive gains here. There aren't any. Big money, too obviously, simply doesn't see value here. Period.

Disclosure: disgruntled and disillusioned shareholder. What a f****** up mess this is.


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