OTCQX:BALMF - Post by User
Comment by
Chaulkduston Mar 16, 2018 11:32am
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Post# 27727630
RE:Our audience
RE:Our audienceI like the Rags to Riches story a lot! But, if you look at the current shareholder base-
1. Management & Insiders 4%
2. Institutional 15%
3. Retail Investors 81%
Looks like beating the drums for the retail guy would not hurt a bit. With no majors or minors owning any stake in BAR so far we definitely have a way to go. I believe we are all in BAR for an eventual buy out (full/partial) by someone in the mining space. That's obviously the best case scenario for us shareholders.
It drives me nuts watching the share price disintegrate for no apparent reason. Especially when BAR actually has a decent package as compared to other explores. With another round of funding coming up in Sept/Oct I'd like to see the share price much higher before that happens.
Yes, you can say "well the whole sector is taking a beating". But BAR has not done a good job of marketing what they have and need to do better. The continued missed deadlines on the Gold RE has soured many investors. A few other Mining Blogs are basically inactive when it comes to BAR postings-they have simply given up.
For example - I posted on CEO in the BAR thread about the new presentation available. The one response I got was "Where's the Maiden Resource zzzzzzzzzzz". Snooze alert I guess?