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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.


OTCQX:BALMF - Post by User

Balmoral Resources Ltd > EXCELLENT “BAR” DAY
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Comment by tndlon May 22, 2020 7:04pm
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Post# 31063258

RE:RE:RE:RE: EXCELLENT “BAR” DAY

RE:RE:RE:RE: EXCELLENT “BAR” DAYVery interesting angle, but I don't understand it.  Holding down the price of WM might have made BAR shareholders more likely to not approve the buyout, given the fixed 0.71 ratio, whereas if the price of WM soared before the vote, that I would think might have insprired people to vote all the more in favor of the buyout, realizing they were getting 0.71 of a larger piece of pie.

Must be I am missing something.  Thoughts?  Thanks-tndl
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