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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 May 01, 2018 5:39am
73 Views
Post# 27962790

RE:Good point MM99

RE:Good point MM99Only one reasoning behind this going so low and next to zero.

Management is garbage, they wasted a lot of time in the last 7 years trying to excite potential buyers/investors without any feasible reserves.

Over time the stock started to go down, the management then felt the need to come up a with an estimate. They knew this all along that there was nothing and kept drilling aimlessly hoping to have got that hit.

Now we all paid for this gamble.

Reasoning - Garbage, aimless, moral-less MANAGEMENT.
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