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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 montybissetton Apr 03, 2018 4:25pm
149 Views
Post# 27823919

Most bang for the buck

Most bang for the buckAs someone just recently said we are now a poor investment risk. We have 2 light MRE. Some think we have too many shares outstanding. I don't agree with that if our share price was reasonable and considering we have 2 MRE to build on. However at this sp level that is not unfair assessment. We need to focus on a couple areas. 801 and other areas of our property aren't going anywhere. DW likes to talk about being explorers. Do a little exploring deep at Mart and prove to shl you know what your talking about. Prove you know what your talking about at Gr where you say we have great targets to also improve Ni MRE. Our precious funds need to be used to enhance value of the company not wandering around with a drill bit. If we can ever get some momentun and positive news going we need to split company and do a share split 2 for 1. The last thing we need now is to sell something in a fire sale or get into the road building business as some are suggesting. Most of all we need Mgt to own 38 million valuation 7 years in. Yes we have been unlucky. MRE coming out when they had no business coming out and then over selling another one. Having a tough market for most of those 7. Can you imagine if Mart MRE came out at 2 M and 93% of it was at shallow depth with 2 gt. That would indicate millions of ounces if DW is right about the real gold value being deep in the Abiti.  

Is the goal to raise money at prices that give away the company, so insiders who have also been burnt can be made whole. Didn't buy anymore today couldn't handle the bad press LOL 

The fool idiot
So says favourite shl of DW      Little Dyck Chaney

GLTA even LD
  
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