Stockchase Opinions

Brent CookBalmoral ResourcesBAR.TOHOLDSep 15, 2011

Picked up a large land package in Ontario and Québec. Conceptually picked up on trend large deposits of Detour (DGC-T) and looking to replicate the same success.
$0.98

Stock price when the opinion was issued

$0.80

As of May 26, 2020. Market Open.

Mining
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HOLD
Wallbridge Mining to buy Balmoral It depends on your timeframe--some will take the premium in Balmoral and grab the profit. He expects in two years that the deal will benefit shareholders with lower costs. The Abitibi is a great gold district. If he owned this, he'd hang onto it.
COMMENT

A very small gold explorer. Probably the best claim to fame is that its project is located near the Detour Gold (DGC-T) project near the west detour part of that project. A very prospective camp. Still early stage. He likes the management team.

RISKY

Great speculative investment.

HOLD

Not for the faint of heart. It is a discovery stock. Believes they have done a very good job of geology, and he is attracted to both exploration projects. Stock’s had quite a run, which he thinks is probably deserved.

WATCH

An exploration stock in which he would expect stock to go lower if he got good production news. Buy it then.