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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 > No RE Yet! = 11 days to PDAC, 38 days to 1st Qtr End
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Post by Chaulkdust on Feb 21, 2018 2:44pm

No RE Yet! = 11 days to PDAC, 38 days to 1st Qtr End

DW does/did have a good pedigree. But like racehorses with good pedigrees – they usually end up on a stud farm somewhere, since past performance doesn’t say much about current & future performance. BAR to date, has not been a good indication of the DW pedigree (so far).

The proof will be in the RE or won’t.

Then lets grade DW on what he has or has not accomplished in the last years with BAR. That’s the only thing that counts now. Hopefully, the lines that you will add to his massive accomplishments listed so far, will further his reputation and not became a stain on his ability. I want him to succeed, I can’t make him succeed,  but he needs to perform. I’ll still pick up a few shares at the bargain prices as we wait for the RE.
Comment by AlternativeView on Feb 21, 2018 7:30pm
The recent press release stated: "This report will provide an estimate of the gold content in the near-surface portions of the four largest deposits within the system: Bug North, Bug South, Bug Lower Steep and Martiniere West. Results up to the end of the summer/fall 2017 drill season will be incorporated into the resource estimate." So you only expect a partial answer in the RE.  ...more  
Comment by kbagai on Feb 22, 2018 8:20am
Well this is a reason why this company is called a Shitco. The aimless management spent almost a decade in the dirt farm only to come up with this tiny maiden resource estimate. It just shows you what (low quality) work was done in the past.  Market in lieu of this resource estimate is not even slightly bullish; invest with tier 1 management who work on a venture thinking about their next ...more  
Comment by chaney on Feb 22, 2018 10:30am
Kbag, I think you mentioned Corvus the other day. They released news this morning which appears to be very good and yet what happened? Down it went. Sector is dead presently.
Comment by kbagai on Feb 22, 2018 10:57am
Agree, down by less than 1%. Key is to check this, KOR is up 118% from its 52-week low. And we are less than 5% up from our 52-week low. Comes back to the low quality management exploring for gold in mushy lands. And...working on a side venture - the nickel farm roullette.
Comment by kbagai on Feb 23, 2018 10:10am
Corvus is up 10% now. How do you like dem apples? Shitco is doing jack all.
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