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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 Chaulkduston Feb 05, 2019 4:48pm
42 Views
Post# 29322878

RE:Pre-PDAC Is Likely The Last Chance To Get In Cheap

RE:Pre-PDAC Is Likely The Last Chance To Get In Cheap
Interesting video. However BAR is somewhat lacking if you evaluate it against the authors premises. Just pisses me off that a few of us shareholders own more stock than the whole management team and board!  Where is the skin in game?? Also, DW is a board member on 2-3 other mining companies and at least a consultant on 1 other all of which involve some type of payment/stock options.  So we basically have a part time CEO, and the results so far have not been impressive for shareholders. If you are working your butt off and fail I can certainly understand that and have no qualms. The BAR board is useless we are paying them and providing stock options for 0 (ZERO) return. DW does what he wants and the board drinks coffee and eats doughnuts at the supposedly board meetings. Obviously no guidance or constructive criticism is offered given the extremely poor performance.

This may be a bit harsh, but that’s simply the way I feel after 3 plus years with BAR. I don’t mind taking a beating as long as I know that I have been given a 100 % effort not to fail. That has not been the case with BAR.

Anyway, find 30 million tons of 1.5% calls 1  NI and all is forgiven – even for the Bozos.
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