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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 kbagaion Mar 27, 2018 10:40am
224 Views
Post# 27786845

RE:I'm Counting 692,000 Best Case, All In

RE:I'm Counting 692,000 Best Case, All In Thank you.<br /> <br /> Yes, these guys are worse than second hand car sales guys.<br /> <br /> I think the analyst community is aware of the fact that there is no mine on these lands.<br /> <br /> A stock cannot have an unpredented decline such as this one, especially since some juniors have started to perform better.<br /> <br /> Absence of DW at PDAC also suggests that these guys knew there was nothing to boast about.<br /> <br /> In terms of next round of financing, it will be UBERLY dilutive. They have lost the little trust of the markets now. I cannot wait to see this management in front of my eyes and crush their egos.<br /> <br /> The least they could do is buyback shares with the USD 9m left in the treasury and help shareholders get some relief on their losses.<br /> <br /> Positive side, they wont be seen in mining world ever after this.
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