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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. > One of the reasons stocks are in the crapper!
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Post by mrsgoldminer on Mar 28, 2024 8:39am

One of the reasons stocks are in the crapper!

One of the reasons stocks are in the crapper!
Of course there is others,but since Canada made on-line gambling in all sports legal and many have gone to playing them big time.They have also gone broke as like stocks over 95% will lose.A TV interview a lady said her son has gone into debt big time.Canada legalizes single-game sports betting, opening up billion-dollar market | CBC News
There is some talk about banning TV advertising ,but can't see that happening.Lots of APP's for cell phones so you can play 24/7
When weed stocks came out that was all the stock buying rage.Now sports betting.
Will we see penny stocks-back in the lime light soon?
I think we need much higher prices[commodities ] .Look Gold is touching $2200 and still no action or very little movement.
For those with Patience good bargain are at hand for the bottom pickers.
I think we have to see what happens in USA fall elections
   
The cyclical nature of the market is the second most important thing that you have to know after psychology

Thou shalt understand the market and it's psychology buy low sell high
Comment by Codeblue37 on Apr 18, 2024 7:37am
Bullseye as usual, funny you didnt mention the current craze of crypto though.
Comment by mrsgoldminer on Apr 18, 2024 9:24am
Ya  your right as I never got into it,as I did not understand it,compared to penny stocks  and it fluctuates too much for me. Waiting to see if the funds start buying into the commodities as we are still at the cross roads.They are trying everything they can to get Trump out of the way.I made good money when he was President.The year of the unknown. It's a up and down business!  ...more  
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