RE: Belo Sun Mining’s “Sector Outperformer” Rating Looks like there still might be some downside potential if gold takes another hit, but a year ago anything under $1 was a deal, so with the appreciable increase in "value" over the last year, a return to near $1 is once again a deal. Juniors are being annihilated these days with a number of 5m+ resources returning to values not seen since 2008/2009. The key for BSX will be to avoid needing to finance in the near future so as to avoid too much dilution. Based on the bd they did last year, this should not be an issue and they will have the funds to achieve their objectives. There is probably no hurry to be buying shares at this price as the nearest known catalyst is probably about two months away, but BSX continues to drill so some high-grade infill results and/or extensions would certainly be a surprise and help keep interest in the stock. I am going to guess that BSX will be acquired within 3 months of the BFS being completed. Even though some of the big boys are taking heat for write-downs, they still need to consider how to replace production (let alone grow). If BSX comes in around 300K-350k ozs per year in the BFS, that would be a very sizeable production profile for someone to pick up.