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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 > DW is a passenger
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Post by montybissett on May 04, 2020 2:24pm

DW is a passenger

Him and the board put in next to nothing of their own cash. They didnt even have the guts to buy shares at recent 9.5 cents. After telling CD they would be loading up in writing. ( JF ) Only LD was smart enough to do that. He has 0 sway over shl at this point. Remember he sold to KL for .37 cents. For the unluckiest company in the Jr space with huge potential the sale to WM was our luckiest day and not close to how lucky WM was as they would be trading at a nickel right now without Fenelon. A nickel might be generous. We had the worst luck for a long time. I have mentioned this too many times but we are out of grasset for a few hundred million if we hit the bonanza there 1 to 1.5 years earlier. With that kind of cash we might have done something really stupid and put a few holes in Fenelon. If our luck was different we had potential for a 20.00 stock with only 150 m shares out. I personally would have had a ton less stock. A tad more than .37

glta   .
Comment by dutchmann64 on May 04, 2020 2:46pm
That's the thing with hind sight;....it is 20 / 20.  However it is now time to let the water under the bridge go and move on.  It is what it is!!!!  Never looking back.
Comment by freemax1 on May 04, 2020 3:06pm
montybisset I share your opinion on BAR ! bar was on my Watch list since 4 years ! because of GOLD and the bod was only sniffing nickel ??? what a limited mind lol but thank,s GOD WM- Eric saw an opportunity to make it a GIANT what I was thinking it was !! now the proof is on it,s way to $$$$ with the name of WM
Comment by Chaulkdust on May 05, 2020 11:11am
Yes, Monty – You nail it with ever post you make. It’s been a frustrating slog for us long time BAR shareholders. But now it is finally over (I hope) with the WM buy out. Yes we were had by BAR management and they milked the cow dry. At least the BAR assets in the ground will get transferred to a company that has proven to be able to exploit good ground. Good riddance to the BAR management . Looks ...more  
Comment by 2008run on May 05, 2020 11:57am
WM + BAR are both headed to new highs just by duplicating  drill results at Fenelon!
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