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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 Nov 22, 2017 12:55pm
155 Views
Post# 27012545

IMO

IMOBar has to have a game plan that the market and analysts thinks makes sense and stick to it. Plain and simple. Anybody who thinks that has been happening last 30 months is daft.They need to concentrate on drilling in a very productive area of the gold. Not all over the place. They need to tell us they are going to put out a resource estimate when they feel they have a monster. They need to conserve capital. Maybe a start would be to pay upper mgt in 1/2 cash and 1/2 warrants @ 1.00. Exp 7/1/18. They seem to not be interested in digging in their pocket and buying shares so that would be next best thing. They should maybe shut down their expensive offices on W Hastings and move over to E Hastings till the price of the stock reflects the money invested and company potential. They need to have a story that is factual about what has happened, especially last 30 months. Again no analyst looking at us right now or talking about us. There is a valid reason for that. DW and JF need to figure out why and what to do about it asap. They have turned two fabulous finds into a unmitigated mess with execution and nonsense. It can be turned around with a new game plan and execution. 

GLTA
Mr C 
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