Belo Sun Mining Corp T.BSX

Belo is not the land owner. Incra just granted the use

[mrleao]

In a note to Gazeta do Povo, Belo Sun reported that Incra granted the use of 2,400 hectares of land for a specified period for the implementation of the mine and its infrastructure “through numerous counterparts in favor of Agrarian Reform in the region, all under the sieve of a long public administrative process and under the scrutiny of the competent authorities”. The company claims that the institute is the “legitimate owner of the land” and that there are two decisions from the Federal Court in Altamira rejecting the suspension of the contract. “It is worth highlighting that the concession contract remains in force and valid to date, with Belo Sun, for all legal purposes, holding the right to possession of the concession area”, he said, stating that the Volta Grande Project “will bring development, progress and security for communities and the region of the State of Para”

[Blunty1969]

Sloopy management, in the Baptista days it would be on its way, Peter and his crew very sloppy 

[bracky]

This show to me it is not the calm water some seem to suggest but very deep and complications that are not visible on the surface. Much like a river calm on the surface but a strong current underneath .

[Blunty1969]

I will pay 65 to a buck with the right people for Bsx to progress , but like I said if damage and dilution is heavy,  it won't be for me,I would stay away from plays that still haves a lot of drilling to do even if there capital healthy, what our group have noticed is most of the drilling costs are double than they where 5 years ago, so 10 million won't get you what 15 or 20 million

[Blunty1969]

3 years they knew he couldn't close this 3 years, but there was a nice chunk of cash, and that cash went the lavish life of belos management 

[Blunty1969]

Management fxxx up they where led by Barhrti and Pete was just a yes salary man old ways Baptista was a master at this way back,He thought he can be giving out crumbs and be eating the pie for himself for ever, he mentioned in an interview after on the downside should had been more sharing 

[Blunty1969]

Was on the phone to congratulate my nephew on his new born little girl,he's saying some local are starting to believe belo want be able to afford security on the land soon, The hear that Peter is running out of cash. He says they haven't seen that many dromes in the air either 

[Blunty1969]

I think it's just locals not seeing this management as a threat to them and there land,Just bairro talk