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Bullboard - Stock Discussion Forum 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 Discussion

Balmoral Resources Ltd > Not a word
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Post by montybissett on Oct 19, 2017 5:31pm

Not a word

On a gold R.E. I really don't care if we do it soon or wait till we build a bigger R.E. but it would be nice to have a game plan explained. I guess they think they have 0 credibility left on that front so lets not talk about it anymore. 2 weeks ago he said nickel was as hot topic as the gold. Since then nickel has risen close to15% in price. We might have to raise money to hire phone operators to man the incoming calls on that front. We have screwed the stratedy so bad maybe it might be the nickel that gets us out of the mess. I guess DW figures if he says enough times he shut down nickel fall of 15 everyone will believe it. He seems to have forgot about the light R.E. he rushed out to market on the nickel May of 16. Again right in the middle of the biggest run up in gold stocks in the last 6 years. I really will stop bringing it up when he stops saying that nonsense. 
Would be nice if he said we put out a light RE on nickel which was a mistake and we have no intentions of putting out a light RE on gold........................

All I can say, thank the lord we have incredible dirt and know where to drill because we are lacking on the execution plan. I guess we can be thankful  no one asked DW when he would have a RE out to the market. He might have answered ( when it matters ) All I can say is buy more as sooner or later these folks might start executing a plan that the market and analysts believe in. 

GLTA

Mr C
Comment by goodtoreadthis on Oct 19, 2017 8:05pm
During his pitch he mentioned some guy by name who is still doing work on the nickel deposit.  Also he makes direct comparison of Martinere's read outs as being largely comparable to Hecla's nearby mine which has 3 mil au oz.  Given the frequency of announcements about "new finds" it may be impossible to complete a valid RE at this stage.  Something will trigger ...more  
Comment by lechon1 on Oct 20, 2017 8:48am
All the exciting talk means nothing without backing it up with a RE which the know they have to do soon and based on what they are saying they will do just that in Dec or Jan! This is a very exciting time to be a shareholder even taking into account the ugly share price. I've been buying more at these levels too because I know come some time in the future some intermediate or major will want ...more  
Comment by surveyor2582 on Oct 20, 2017 10:10am
This is becoming a bad joke. Any management team that sits there and watches their stock price plummet without trying to do something is shameful. Plain and simple.
Comment by chaney on Oct 20, 2017 11:56am
What is it eaxctly that you want themto do? They've ben putting out very good to great drilling results but markets don't care. Right now it's all about tech and Bitcoin which just crossed $6,000.
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