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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 surveyor2582on Nov 13, 2017 7:24am
124 Views
Post# 26949329

RE:Time to Vent

RE:Time to VentI remember the day someone came to a board that I was on and said "buy Balmoral, you can't lose." Now I'm down 45% and like you Chaulkdust unsure where the bottom is.
What you said intrigues me regarding the remaing 20 holes being located in potentially a high gold area. The other interesting thing that you said was "Darin said a RE isn’t really needed as company geologists can see the charts and figures on the potential gold resource."
What if the results are so good that greed has set in and they want the stock price to drop as low as possible so they can jump in and scoop up all of the cheap shares. Waiting for the remaing results makes perfect sense to me. Besides, someone told me that your better off taking tax lossess in May. That way you'll get the maximum value.
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