OTCQX:BALMF - Post by User
Post by
Chaulkduston Sep 26, 2018 10:08pm
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Post# 28698011
And POOF - It's all gone
And POOF - It's all gone
If the current year is any indicator – Inventory went from 380 Kt to 230 Kt. So if things continue at this rate then all the Nickel gone in 18 months (Poof-it’s all gone). Actually demand should pick up so perhaps even sooner with no new supply coming on-line. Even though the nickel price has dropped recently I feel it will rise in the future.
BAR right now has been a true disaster. Management – should not be called management because there is no management of anything. However, I can think of a lot of other thing to call them – you can use your imagination.
I don’t see why they aren’t putting all the remaining resource into Grasset. It’s the only short term play that could yield a suitor if the RE is increased. Buying unproven dirt at this point is rather stupid since we don’t’ have the funds to explore it properly. The land purchased is simply another anchor which eats resources and sinks us further away from any possible price appreciation. Ooops I mentioned a dirty word
“STOCK APPRECIATION/PRICE APPRECIATION”
Come on BAR – show us some Good Drill Results – pretend you are blind squirrels and get lucky we already understand you are blind and unlucky.