OTCQX:BALMF - Post by User
Comment by
VENManon May 08, 2020 10:12pm
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Post# 31006058
RE:RE:grampa
RE:RE:grampaNo you did not miss the cut off. That's still to be announced. I bought shares today and so did this Guy, ERIC SPROTT ANNOUNCES INVESTMENT IN BALMORAL RESOURCES LTD.
Between May 4 and May 8, 2020, 2176423 Ontario Ltd., a corporation which is beneficially owned by Eric Sprott, acquired ownership of 4.5 million common shares of Balmoral Resources Ltd. over the Toronto Stock Exchange (representing approximately 2.5 per cent of the outstanding shares on a non-diluted basis) at an average price of approximately 64 cents per share for aggregate consideration of approximately $2,871,900.
I don't think Eric Sprott would miss the cut off. Just my two cents. Best of Luck to all and always DYODD!
ps. When they put these two companies together the market cap is going to be over $700 million and if they keep drilling the property and increasing the gold ounces, I think this could get very big. Take a look at the presentation at WM website and see the amount of land BAR adds to WM it's amazin! always dyodd !! Best of luck to Everyone!