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WLBMF - Balmoral Resources: A Revival Story Of 2019
Wallbridge Mining Co Ltd
Balmoral Resources (BALMF) experienced an impressive revival over the second half of 2019. In late March 2018, after the Martiniere deposit resource estimate delivered worse numbers than expected, Balmoral's share price dropped from $0.36 to $0.21 and kept on falling. At the end of 2018, it was around $0.1, where it remained for a better part of Q1 2019. During Q2 2019, it declined to the $0.07 level and things didn't look good for Balmoral. Even the newly-born gold bull market didn't help the share price at first. Then, suddenly, between July 16 and July