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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 Streicheron Apr 15, 2018 12:48pm
119 Views
Post# 27887345

RE:FYI

RE:FYIChaulkdust, those numbers are meaningless. No QP would report resources in that way. The only values that matter are reserves that can be mined at a profit. As yet, BAR has none. That is a fact. No bashing, shorting or whatever you wish to call it. 
As for drill results, we continously get reports of  thin spectacular intersections, with the small print noting that the values are uncut and not true widths since the geology is not fully understood. 
This company needs to explain clearly what its strategy is going forward if it wants to win people back. The fact that it is on a roadshow with a group of wanabees perhaps shows that it finally recognises that it really has nothing despite the bluster. 
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