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Bullboard - Stock Discussion Forum Belo Sun Mining Corp T.BSX

Alternate Symbol(s):  BSXGF

Belo Sun Mining Corp. is a Canada-based mining company with a portfolio of gold-focused properties in Brazil. The Company is focused on the development of the Volta Grande Gold Project. The Volta Grande Gold Project covers over 2,400 hectares within the 'Tres Palmeiras' greenstone belt. The Volta Grande Gold Project is located in Para State, Brazil, approximately 60 km south-east of the city of... see more

TSX:BSX - Post Discussion

Belo Sun Mining Corp > $8,420,787
View:
Post by GoodMonkey on Dec 07, 2022 7:48pm

$8,420,787

That's how much they lost in the last quarter. And they're not even doing any drilling!

At this pace they will run out of cash really soon. What a shame. 

Peter should have been fired a long time ago. 

How much will this stock be worth when they have no cash left and an asset that they have been unable to build a mine during the past 12 years.
Comment by Blunty1969 on Dec 08, 2022 10:13am
There bums well groomed bum,just visiti major gold events and mention Belos management, There living off old past fame that it was easy to close projects, this is different time pocket change doesn't die it any more,old minds Peter hasn't progressed, yiu can go back in the old days drill the same property over and over again and still raise rivers of money theses flakes are from that era ...more  
Comment by Blunty1969 on Dec 08, 2022 2:10pm
It's shocks me how some share holders still belive in these  bums that's why I sold 95 percent of my shares very very small position here it will be good for a right off when I sell , I been insisting on this for 3 years they have known this is not for them, now what's left is to suck all the wages expenses, Peter and his flake side kicks knee 3 years ago this is to high of skills ...more  
Comment by bracky on Dec 08, 2022 3:59pm
 I have some doubt on that number . I could not find the 3rd quater reports but the 1 st Q they lost about 1.8 milion, even at 2 millq it would be about 6 mil ytd. Over 8 mil in 1 q. is a number I am skeptical of, where did you find that number
Comment by Blunty1969 on Dec 08, 2022 4:26pm
Numbers ? It's all going to be gone soner or later mater of  time.the writing is on the wall be seeing this for 3 years and trying to warn people on these flakes 
Comment by bracky on Dec 08, 2022 6:47pm
 I still have not seen the volumes traded that would indicate Institutions have pulled their tent. Around the edges there is some discencion but the Institions seem to okay with the lack of speed . Just maybe thewy have info we don`t  The number quoted make n sence .
Comment by GoodMonkey on Dec 08, 2022 10:14pm
institutions own millions of shares, there is no way they can sell now as there isn't enough demand to support this kind of volume.  They would have to find another firm who is willing to buy from them.  If they were gonna sell at market price the share price would collapse to zero. So basically they are fuucked. 
Comment by GoodMonkey on Dec 08, 2022 10:19pm
for numbers just look on sedar.com Company name Financials 
Comment by GoodMonkey on Dec 08, 2022 10:24pm
one guy that hasn't been fuucked so far is wooden face as he's been living the life at the expense of shareholders. I really hope he will get sued for lying to shareholders over all these years saying that they had all the permits needed and a mine will soon be built. Let's hope he's not gonna get away with it. 
Comment by Blunty1969 on Dec 09, 2022 3:00pm
Management is key on projects like this.bums one hit wonders and they know it,Barhrti and Peter thought there 20 year past was still the same, Rick Rule said it right there bums well groomed bums, and a few other big names in the industry said the same bums that's what they are 
Comment by bullmostly on Dec 10, 2022 11:53am
I imagine you know 4.7M of that was for the purchase of land that was transferred to INCRA as partial payment for the use of the land, yes? I think that is positive.
Comment by Blunty1969 on Dec 11, 2022 8:07am
Nothing positive with this management team nothing Flakes
Comment by bullmostly on Dec 11, 2022 10:34am
Ok. Rock on with your bad self. 
Comment by Blunty1969 on Dec 11, 2022 4:06pm
The problem with you is your looking for something that doesn't exist with this management and it share holders like you that bums like Peter will keep making a large living,Next will be share dilution to raise money to keep the gravy train going and it's all possible with investors that keep following the carat,How long is this carat is what I want to know
Comment by bullmostly on Dec 11, 2022 4:53pm
The problem with me That's ok. I see you are obviously much smarter than I so it's really impossible for me to say just how right you are.
Comment by Blunty1969 on Dec 12, 2022 6:25am
It's not that I'm smarter, I've worked in this industry raizing capital and I know the area very well close to the property , on both ends a lot of meanful individuals opinion are that Bsx management team has given all they can here, there ways past That no longer work.You can not keep pressing a button that doesn't work,If yiou do it becomes madness, but some people do do keep ...more  
Comment by Blunty1969 on Dec 12, 2022 6:27am
For management it's all good until they keep paying themselves
Comment by bullmostly on Dec 12, 2022 8:56am
Ok. I looked through past posts here before and your position seems to be they won't bribe and therefore they aren't going to get anywhere in Brazil. Or that they are from an old breed who think they can just fly in and dust off an old mine and resell it, mainly that bc they think it's easy and it isn't so it won't be and they will ultimately fail. But you're not saying the ...more  
Comment by Blunty1969 on Dec 12, 2022 9:46am
I love the property so do a lot of outsiders that understand geology, Bsx has a legitimate deposit and they are becoming very scarce,and management know what they have,but yr they know this was not going to progress with there team, they knew and know so,due to Bsx property rating very high, is what they have to keep the gravy train going,when the carat waving is gone and investors can see the ...more  
Comment by bullmostly on Dec 12, 2022 10:53am
Ok. They're making progress in a way. One by one each thing in their way keeps getting removed though it takes an awful amount of time. You don't really say why not this management except to say that everyone knows it who knows something. That's not a thing imo. 
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