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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

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Post by montybissett on Jan 14, 2020 11:52am

He needed

the money for downpayment on the backhoe and dually pickup for Fenelon. Hard to imagine what this guy is thinking. It is not a lot of money but a wonderful message to the retail investors who paid real money for shares. I imagine some folks sold shares over it. Like always he missed the top of the market by a mile. Kind of like his money raising exploits and selling WM share at 70% discount and a 50% discount on royalty that will turn onto probably 200% discount the way this is shaping up. You would think after making a bundle on WT he could borrow a few bucks from the bank to tide him over. The shares cost him next to nothing. He keeps at it and I will have more shares than him and mine cost real money. Have him call me and I will arrange a loan for him. I imagine he will be printing up a bunch of options for his wonderful leadership. Again why the snoozing deal would be best.
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