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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 Apr 13, 2018 4:50am
74 Views
Post# 27877755

RE:Geez, not even a "dead cat" bounce.

RE:Geez, not even a "dead cat" bounce.Not sure if you are an idiot.

But buying now is not the best plan I assume. There is no upside here, they will need to refinance in H2-2018 sometime. I do not see them going for more than CAD3m this time, but even that amount will cause massive dilution at these prices. With  CAD 3m they cannot do much, as they have not doing anything in the last 7 years (trend is your friend).

Shareholders should catch the management on thier lies and false communication.

DW and the team are a bunch of clowns /  lunatics.

This is going down and down. My opinion.
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