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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 > Darin Wagner selling .
View:
Post by Gladstone22 on Jan 12, 2020 7:31pm

Darin Wagner selling .

 
Filed 2020-01-12 15:22 Tx date 2020-01-08 $BAR
Balmoral Resources Ltd.
Wagner, Darin
4 - Director of Issuer, 5 - Senior Officer of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market
$-30,400
-80,000 vol
$0.38 each
3,035,135
       

Filed 2020-01-05 09:23 Tx date 2020-01-02 $BAR
Balmoral Resources Ltd.
Wagner, Darin
4 - Director of Issuer, 5 - Senior Officer of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market
$-65,187.525
-154,290 vol
$0.4225 each
3,115,135
More than likely the stock will head lower.
Comment by Rocket444 on Jan 13, 2020 4:21am
A little perspective on his selling: He had 3.27 mil shares before selling 234 thousand shares in January He has a little over 3.0 mil shares remaining He still has approx 93% of his shares remaining I don't see any reason for concern here............. (maybe he wanted to buy some WM......that's sarc) I believe BAR is going to surprise a lot of people in the future (on the upside ...more  
Comment by goldhunter11 on Jan 13, 2020 4:40pm
Rocket, Just want to add: - CEO needs money, just like anyone else, especially in January to pay for all the x-mas shopping. - His remaining 3Ms are worth ~$1M (still a millionaire). This is on top of his annual compensation as a CEO (something like $0.5M including bonus ?, which is not bad a package). GH11 ------------------
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