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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 astrorbiton Dec 19, 2017 11:55am
243 Views
Post# 27187463

RE:DW Philosophy

RE:DW PhilosophyBased on this interview it sounds as though BAR is negotiating.

Unfortunately, the gap between share price(.45) and the fair value must be quite large.

The intention is to sell at $400-$500M. This will be an incredible feat.

It is either the best bargain or the market has been correct and it is worth less than $100M.(which if true would be the reason for no 19.9% major interest position)

At the very least a GOLD RE will provide the information required to make a solid decision on whether to buy/sell/hold.

The word of 2018 will be "transformational"



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