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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 Dec 21, 2018 11:59am
93 Views
Post# 29146603

Thanks

ThanksAB for the heads up. We need great results at Grass. That will do a few things and might not move share price a lot. Mgt has 0 credibility. Good Grass results will help that. We have been penalized dramatically for a bad market, bad luck, bad strategy and lying to the market and shl. Then taking advantage of share price to load up on options. China is a huge part of this nickel story as we are seeing. Our cash level tells us this is our last serious drill progam for a long time. That is why it was so imperative to have spent a couple million earlier in year at Grass instead of flushing it all over. If your being fair you can expect bad luck. ( Finding nickel at Grass a year late or a year early ) Drilling all over, staying with Grass too long, Not enough deep holes at Mart to confirm grade is deep. Nobody expects perfection. Honesty and good strategy are kind of important. On a positive note we have 6.50 Ni Ca. and close to 1,700  Ca gold. The Big Twit is taking on water. If China and USA keep headng south we might be back to the gold sooner than we thought. We might be sitting on nickel longer than we thought. So far mgt has done something right. They haven't given away our 2 main assets. Patience is the name of the game. When your able to rewrite options for a fraction of what they were. Not as much needed.   

glta  
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