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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 > Not gonna sell you one share under $0.65
View:
Post by SIGG1 on Jan 04, 2023 5:59pm

Not gonna sell you one share under $0.65

I currently have 300K shares with average price of $0.085

This is currently trading at 36M market cap, this is worth at least 10 times this. 

I have buy orders at 0.07 and 0.06

In the event that it would drop as low as 0.04 I would buy what I need to get to  4,550,000 shares. I would own 1% of the shares. 

0.04 is cash position per share, that means you get all the gold 6M+ ounces for free. 

Should it drop below 0.04 I will be going all in. I will sell other positions to raise more cash and get as much BSX as I can.
Comment by billroth on Jan 04, 2023 9:31pm
How can you be so sure about BSX ? I'm in this since 2008. I've seen this stock going over 1.50 when i did some trimming to lock in profit and now, we're below 0.10.  Since 2008, all i can say is that Everything went wrong : permitting, indigenous study, licensing, court decisions, ... EVERYTHING ! You're obviously a big guy to commit that kind of cash in this mess... or you ...more  
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