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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 YetAnother1on May 01, 2020 2:21pm
249 Views
Post# 30977134

RE:So basically if you vote yes we are taking

RE:So basically if you vote yes we are taking
Horsey7 wrote: around $100 million for everything, lock, stock and barrel. That my friends is a joke and the biggest part of that joke is that it is 100% stock, not a nickel(pun intended) of cash!! Darin should have put all the exploration and drilling funds into GIC, we'd at least have double that WM is offering! I don't understand you people that think this is a good deal, I've been here for years and am ashamed to say so. Even after all the negative sentiment that management had voiced about the Fenelon property, now they applaud it?? DW and JF have basically given up is what has happened. We all know that down the road KL will aquire all this property and probably do to WM exactly what WM is doing to us!

All my shares have voted no, probably won't make a bit of difference but that's my opinion!

Horsey


You're probably right on all points.
As to KL (there are other buyers out there) doing the same to WM. The hope is WM has a firmer grasp on what they have.



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