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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 Feb 05, 2019 2:27am
74 Views
Post# 29318895

Financing

Financingwould be lunacy right now. That means they might do it. We need to do exactly what they said they were going to do. Drill some holes at Grass and sit and be patient for better times. We might get lucky and not need a partner for Grass if inventories get back on the right track and ni price will keep climbing. The company as said too many times has lost creds. The last results got a tiny smidgen of that back. We need really good results out of these upcoming holes. We didn't get up 40% from our recent low because the last results were bad. They were very encouraging. We haven't done stupid for a few weeks now. The unfortunate part is we have to swing for the fence now as singles won't get us home.

As far as going to next AGM. I'm afraid I would try and pick up DW by his ankles and try to shake some cash loose from his deep pockets to buy shares with real money and ask him to stop looking for handouts from the shl. Maybe he will excercise his last mugging at .18 just to show he cares. The only person dumber than DW in this mess is me and I haven't sold a share.   2.2 x  .41 =  real stupid.   Just ask LD he will confirm it.

We have to hope China has one last splurge in it and the Big Tweet can put a deal together with them.

Another huge issue for us is getting this nickel price divided into two markets. I still think people are putting a different value on our nickel for the future.

GLTA
Mr C

 
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