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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
Post by MxPxon May 15, 2010 1:53pm
389 Views
Post# 17102588

Reasons for delayed results?

Reasons for delayed results?

Hi Everyone,


  I emailed Belmont early in the week and they were very diligent and speedy at getting back to me.  They emailed me not once but twice to inform me that results were expected this week.  Needless to say, by Thursday afternoon I was getting the impression (and hoping that results were not coming out on a Friday) that we would not get results this week.

  I emailed Belmont on Thursday and Friday and did not get any response back.  I am trying to figure out what happened as BEA is known for prompt responses.  Do we think that BEA had the assays rechecked or was there possibly a delay in getting the results?  Or, considering the volatility of the market on Thursday or Friday, did BEA hold off on the assays?  Or are the results of the first two holes disappointing and the company decided to wait to release all five holes at once. 

Personally, I think that this play is very promising and I am just trying to figure out what could possibly be going on.  I think that the initial mineralization found in the first 2 holes was very promising and considering the vicinity of our play I believe that there is an excellent chance that we could have some stellar results.

Bullboard Posts