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Belmont Resources Inc V.BEA

Alternate Symbol(s):  BELMF

Belmont Resources Inc. is a Canada-based company. The Company is engaged in operating a portfolio of highly prospective copper, gold, lithium, uranium and rare earths projects located in British Columbia, Saskatchewan, Washington and Nevada States. Its holdings include Athelstan-Jackpot (A-J), Crackingstone Uranium, Come By Chance (CBC), Lone Star Copper-Gold, and Kibby Basin Lithium. The A-J is the Company’s two former gold mines. Athelstan gold mine area drilling indicates a peripheral alteration zone to a potential deep-seated copper-gold porphyry. The Crackingstone Uranium is a high-grade uranium property situated in the prolific Beaverlodge Uranium District of the Athabasca basin. The Project covers four kilometers of the Black Bay Shear Zone, a northeast trending magnetic low corridor which hosts four past producing mines. CBC offers a potential large copper-gold porphyry. The Kibby Basin Lithium project is located 60 kilometers north of the lithium-rich Clayton Valley Basin.


TSXV:BEA - Post by User

Bullboard Posts
Comment by b00gn1shon Sep 21, 2007 10:51am
136 Views
Post# 13442364

RE: Big Demand for Shares Bid vs Asks

RE: Big Demand for Shares Bid vs AsksI bought before that. I think 15.7% should be considered to be an unconfirmed rumor until further notice. When Belmont and Montoro start reporting drill core assays of 12+% then we can revisit the discussion. My real question is management's ability to execute. I don't think these guys are a bunch of penny stock promoters. But I also think that there is a long long long road ahead before there is any tangible asset value to these shares. They have diluted the f-ck out of their best claim, although it doesn't show in the public float of Belmont. I think there are much better buys in the uranium sector, but none under .20 that I've seen. With regard to their best claim which I believe is the Uranium City area, their neighbor appears to have significantly better property and is two years ahead in proving out ounces.
Bullboard Posts