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Bullboard - Stock Discussion Forum 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... see more

TSXV:BEA - Post Discussion

Belmont Resources Inc. > Will they let her drop or hold for the pop
View:
Post by mrsgoldminer on Nov 16, 2023 6:19pm

Will they let her drop or hold for the pop

Will they let her drop or hold for the pop or reload@.045 again 
It sure gets the attention of many when they see the high volume,,,all excited they are lapping it all up and taking a flier based on a maybe.
The more they can draw in the better for the next push as they know the majority will not sell and keeps the SEC happy as in no foul play.
  While  they wait on  assays  will they hold the line? More drilling in Q1  I would pay attention to this deal.

Convertible debenture:  $420,000

Conversion price:  convertible into a maximum of 14 million common shares at three cents per share of principal outstanding; the conversion price of three cents will expire on April 1, 2024
Not stated can they cash out at any time before 2024? If the news is to their liking[nice price pop ] will they start dumping  or will they  wait for their 12 per cent,,think not! as they could easily have a real big payday. 
What is convertible debt? | BDC.ca

Today over 70k made  

Note these players could be back as buyers tomorrow as they play the box  
80 National Bank 80,643 5,543 0.069 169,814 10,432 0.061 -89,171 4,889
7 TD Sec 1,291,557 91,889 0.071 1,566,221 108,994 0.07 -274,664 17,105
1 Anonymous 798,900 53,457 0.067 1,136,423 79,424 0.07 -337,523 25,967
2 RBC 345,900 25,062 0.072 863,918 60,930 0.071 -518,018 35,868
Comment by Appreciation777 on Nov 16, 2023 7:04pm
Good analytical opinion "mrsgoldminer" you appear to always be correct on your opinions. Buyers were lining up just before the close; will we have a 52 week high tomorrow??????????. GLTA
Comment by mrsgoldminer on Nov 21, 2023 4:08pm
Holding the line,not looking good for Mr Snotts  bid @.03 as it gets ready for the pop! V:BEA 15:59:31 Price Size Orders Ask 0.075 117,000 4 0.07 31,605 3 0.065 32,000 2 0.06 109,000 6 0.055  ...more  
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