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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 Chaulkduston Nov 22, 2017 8:57pm
117 Views
Post# 27016060

RE:Progress...+There is a big "BUT" here.

RE:Progress...+There is a big "BUT" here.Astro you may have meant BUTT?

Well, we heard all this before. Going to get out a RE – BS never happens. Same story for over a year now.  One postponement after another, – on- and –on.  Now the latest is maybe end Of Q1 2018!! So Darin’s 3 months is now maybe 6 months! Already crawfishing their way out again, hard to believe anything BAR say’s .

I was suspicious about what was going on after the partial Summer drill announcements.

1. Why drill the 1st 28 holes where they did?
2. Why look for new resources when you don’t have one flushed out?
3. Why delay announcing the results of last drill holes on the Gold?
4. Why miss the opportunity to brag a bit at the last 2 Nov conferences?

Simple, not good results. Keep looking for the mother lode, because it’s not what we have now.  Keep DRILLING and exploring. So what can we expect from the gold RE? Probably nothing exciting and the project will go to the shelf like the Nickel.  Another great example of “Shareholder Appreciation”.

Of course it is possible that BAR will surprise! Just like I keep putting my teeth under my pillow waiting for the tooth fairly to reward me.  Never Happens.  Hopefully I am incorrect, if fact it seems I am wrong a lot( after all I did invest in BAR). Anyway, this is how it now smells for me at this point in time.  I can’t remember that last time BAR had any real positive news and the share price certainly reflects that.

Feels like I’m falling into a black hole and now past the event horizon so I can’t get out! Promise I won’t post again until BAR goes out of business or that stock exceed 1.00. Tired of beating an almost dead horse.

Bye


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