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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 Chaulkduston Feb 19, 2018 8:17pm
90 Views
Post# 27585037

What is it all about?

What is it all about?
I have held BAR for many years. I criticize them every chance I get, yet they have a good resource. If they can get it through their thick skulls that you need a marketing strategic and timely news releases it would help greatly. The Gold RE will be the turning point, either they have it or they don’t. For me personally, this (The RE) is the last straw that can break the camels back. So I continue the countdown. Let’s see what happens, perhaps a surprise would be nice. I think they will come in over a Million Oz’s but not near 2 Million.  But who knows until we see the numbers. Getting out before the RE is not a good choice.

For example, if you are going to do an RE, why on earth wouldn’t you time it so that the announcement comes out prior to the PDAC? At least, then you have something to peddle at the conference, for whatever it’s worth. Just another missed opportunity to stoke the investment fires.

But the PLUS! We have the Nickel existing deposit which just keeps growing in value, and has room to be expanded . Even a 1 million RE with good quality (5-7 g) will put us way head of the  1 million RE’s that have been announce at 1.2 – 1.7 g. So not all hope has been flushed down the toilet yet.
Yes, it is depressing, ugly, frustrating, confusing but that’s what investing in junior explores is all about. You should not be a surprised, yet I think they should have bought my Watches Idea!

I guess, I know, I don't know - clueless in FLorida.
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