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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 > fools errand
View:
Post by montybissett on Jan 24, 2018 9:47pm

fools errand

to sell an assett right now. Unless your wanting to give away the assett. As recently mentioned yesterday. Get out of bed and take the bus if the road is blocked with trees.
Say drills are out now or out in next week etc. At same time chew gum and tell shl RE out by mid Feb. release a 2M plus RE mid Feb and hopefully get some share appreciation. Split the company and do a roll back 2 for 1. 70 M Bar gold at 1.00 hopefully and 70 M Bar Ni at .35 hopefully. Value of company 95 m. That would be a start. Raise 5 million to drill out the nickel to add to the RE where they have more targets and raise 5 m to add to the RE on the gold. Reason for 2 for 1 is 2 different resources going to 2 different entities hopefully. Talk of selling asset right now would be like putting out a RE on N with a 3 on front end of the price of nickel. I'm impatient about small stuff not the big stuff. Hopefully that will be behind us. Unreal day in N and nice to hear JF supposedly now saying a 6 or a 7 on front end of price before plowing more cash into Grasset.
GLTA
Mr C
Comment by surveyor2582 on Jan 25, 2018 5:38am
After reviewing your prior posts Mr. Monty I discovered that this is the only company on Stockhouse that you post. Based on that I have decided to listen to you and besides I am already down 20%. It is obvious that we are being shorted (Shortdata.ca) and should be much higher. When do you think we will be $.60 so I willl at least be even?
Comment by AlternativeView on Jan 25, 2018 1:40pm
Best would be sell Martiniere alone, dividend 95% of cash, keep 5%, rollback 10:1, raise $25 million at $5 per share, drill off and permit Grasset while continuing regional gold exploration
Comment by bluenoser33 on Jan 25, 2018 2:03pm
...I concur MB. Massive bid now at .48 ~ 215,000 shares. With the Cordilleran Roundup happening this weekend and the VRIC happening, one would be cracked to seel resource stocks right now. This is an excellent entry point for BAR. Perhaps the selling has dried up now and we have a turnaround GLTA Cheers