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Belmont Resources Inc. V.BEA

Alternate Symbol(s):  BELMF

Belmont Resources Inc is a Canadian resources company which is engaged in the acquisition and exploration of mineral resource properties in Canada and United States. The principal business has been the exploration of Kibby Basin lithium property in Nevada, USA. The Company recently acquired the former Pathfinder property -295.56 ha in the historical Greenwood Gold Camp. The Pathfinder is currently surrounded on 3 sides by claims held by a wholly owned subsidiary of Kinross Gold Corporation.


TSXV:BEA - Post by User

Comment by guerreiroon Feb 13, 2021 6:20pm
96 Views
Post# 32563049

RE:Drilling results?

RE:Drilling results?" Investor62" fair question, lets break it all down. ( I could be wrong, if anyone else has a better answer please help us out as we are all here for the same thing, get a fair return on our investment and to see a gold Mine back into production). ( mrsgoldminer you seem to be close to the picture what is your humble opinion).

BEA is drilling 2000 meters on 2 sites, 50 meters per rig per day=, 100 meters per day on both sites = 20 days of drilling all depending on the type of soil and not working on weekends.

One month of drilling and perhaps one month to get the essay results!!! and BINGO, fasten your seat belts. ( I understand that in the West it takes longer for the essay results)

I also think that the stock is being pulled back until the close of the latest financing application announcement which it is believed that insiders are taking it all and very cheap. ( Given the potentiality of the historical mineral site, BEA should have been trading in the .25 .30 cents at this stage of the game.

I do agree with some of you that we do need a current update report on the drilling progress, maybe not yet as it's only been drilling for 8 working days.

Rule #1. Don't lose money.
Rule #2, Don't forget Rule #1
Rule #3. Don't go into debt.
Rule #4. You can't do well investing unless you think independently. ( Can't remember where I heard this that I am sharing with you).

Have a awesome weekend and stay safe.
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