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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 Nov 27, 2019 2:09pm
192 Views
Post# 30399012

A few years ago Right guy wrong company

A few years ago Right guy wrong companyhttps://www.bloomberg.com/profile/person/6155031

I mentioned to JF and to our posters BAR should contact Tahoe Res about a JV. The reason was Tahoe had recently taken over Lake Shore and of course Lake Shore had taken over West Timmins. There was a guy who ran Lake Shore named Makuch if not mistaken who knew how essential West Timmins property was to Lake Shore. I then mentioned later I'm guessing a year ago Kirkland Lake might be a JV partner. The guy running KL is same guy. . DW after making mess after mess and very unlucky has now gotten himself into a position of a bit of strength. First time in over 4 years. After falling thru triple A to double A and crashing thru single A and to the Bush league. He is finally back climbing the ladder. Called up from Pouce Coupe to Single A to see if he can regain his fast ball.

This latest take over by KL is huge for us. Especially with Babe Ruth in the game with all 3 companies. The Babe is a bit of wild man with the figures but unlike DW JF puts his money where his mouth is. While DW and JF are waiting around to renew their options at a lower price while telling folks they will step up in open market. They can't seem to find the bottom of their pockets. The Babe is buying shares in companies in the open market. I know JF and DW have no real finacial clout but they could at least tell the truth and also show just a tad of respect for the shl.

A joint venture with KL would be great but you never know someone else might be sniffing around who is starting to realize the area is a gold mine and with grade much better than DGC. Mr Makuch seems to think there is prospects in the area.
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