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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.

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Balmoral Resources Ltd > Our audience

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Post by goodtoreadthis on Mar 16, 2018 10:43am

Our audience

is no longer common stock holders or those shopping for common stock. Our audience is big mining companies in the business of buying big assets for production.

If you read the background of each member of the board of directors you will see that each member is experienced and is a serious player in their own right.

Future scenario I see. BAR announces it hired Cannacord to evaluate bids on Grassette and/or Bug Lake. Bay St biggies smell money and jump all over BAR stock. This happens within 4 months of RE unveiling.

BAR goes from nothing to something over night.

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Comment by Chaulkdust on Mar 16, 2018 11:32am

I like the Rags to Riches story a lot! But, if you look at the current shareholder base- 1. Management & Insiders 4% 2. Institutional 15% 3. Retail Investors 81% Looks like beating the drums for the retail guy would not hurt a bit. With no majors or minors owning any stake in BAR so far we definitely have a way to go. I believe we are all in BAR for an eventual buy out (full/partial) by ...more

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Comment by chaney on Mar 16, 2018 11:56am

I'm hearing RE will be out before months end followed by a dog and pony show from management. Maybe next week if they are intending to do a dog and pony show as they need to travel around. In the end I don't think management has any control over when RE will be completed.

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Balmoral Resources Ltd