Balmoral Resources Ltd BALMF

Metals & Mining Industrial Metals & Minerals

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.

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Balmoral Resources Ltd > Sprott

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Comment by shnepson Apr 27, 2019 8:33am

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Post# 29678461

RE:Sprott

Sprott made his initial investment in WM for less then $9mil, for 67mil+ shares. Since that time, by chipping in another mere $2mil+/- he has increased his investment value to over $33mil. And where does all that money come from? Yes, the FOMO (Fear of Missing Out) crowd who do "no" due diligence and jump on bandwagons. If Sprott left his position right now WM would be toast. It wouldn't be good for his reputation but this is Sprott's long standing formula for sucking in retail to line his position. DD people.

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