OTCQX:BALMF - Post by User
Comment by
Chaulkduston Jun 20, 2019 9:51pm
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Post# 29847470
RE:CD
RE:CDMiserable Situation:
Monty, no takers for the last year or so and nothing at BAR has changed, so not much hope going forward. Other explores have now move past BAR with new resource discoveries, we have had nothing “proven” since the Grasset RE. Not enough money left this year for a major drill program after they spend on more surveys and overhead. They will need cash by year end for sure. Unfortunately WM won’t be able to help us in the short run, perhaps in a couple years. Was hoping they(BAR) would find something somewhere but that hasn’t happened yet. Perhaps they will get lucky so we can at least get some PR and boost the stock price before another round of funding & dilution is required if nothing gets sold off. I think that’s the best we can hope for right now. Only 5 months or so left this year where they can drill assuming Nov is Okay and they even get around to it? Hope there are some rabbits left running around that BAR can still pull out of the hat!
Perhaps all the shareholders need to get a pickup truck/pan/shovel and head up to the claims and start scratching around ourselves – after all we do own the company for better or worse? Wouldn’t that be a sight 500 or so prospectors actually looking for gold (ha-ha), instead of 2 guys sitting in Vancouver sipping wine!
At least at the stock got a bump this week - gold/silver broke out of the channel finally.
Just saying.