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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 > now back sitting
View:
Post by montybissett on Dec 19, 2018 12:47pm

now back sitting

on a billion Ca of gold and just shy of that in nickel. A company worth less than 20 million.
Quite a record. If we were at this level for not having anything in the ground that would be understandble. You would think we have drills out in moose pasture right now. Unfortunately we have a mgt team who have 0 creds. As mentioned before we have one last shot at a semblance of creds and that is our nickel play we hit 9 months late. Nothing being said about reorganizing the company and cutting costs that should have been done long time ago. Just live in a fantasy world as the sp continues down.

All the best for the new year
Comment by Chaulkdust on Dec 19, 2018 2:22pm
Yep monty, hard to believe that with proven RE’s we sit at such a low stock price. Some of that has to do with the shorts beating up the stock, but BAR doesn’t help themselves either. Given the poor performance over the year you would have thought that would come up with a better announcement schedule. I mean, they know how long it takes to get drill results completed.  Absolutely no reason ...more  
Comment by checkthisout1 on Dec 23, 2018 4:22pm
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