Bullboard - Stock Discussion Forum Balmoral Resources Ltd BALMF

Metals & Mining Industrial Metals & Minerals

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.

Add To Watchlist

OTCQX:BALMF - Post Discussion

Balmoral Resources Ltd > You might remember 2 interviews ago ES

View:

Post by montybissett on Mar 09, 2020 8:44pm

You might remember 2 interviews ago ES

was acting like he was destitute and scared. Then it was onto talk of margin calls.

No one seems to know if our .61 or 62 is locked in. Hear different versions of it

glta

191

Comment

Comment by YetAnother1 on Mar 10, 2020 6:15am

No one seems to know? Anyone who read the NR knows that there is no "62 locked in". 1 BAR = 0.71 WM There are no other correct versions.

163

Comment

Comment by dutchmann64 on Mar 10, 2020 7:34am

Correct;....so if WM is a buck then the value of BAR is $0.71.......They stated weighted average as a point relative to the price at that time. They had to have a starting point. Hopefully WM will hit that projected value of a $1.05 and I say lets do the math at that point. Current market crash will resolve. Not fun by any means, however a good opportunity to load up in gold stocks ...more

184

Comment

Balmoral Resources Ltd