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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 stranger5on Nov 02, 2010 4:49pm
158 Views
Post# 17647412

RE: RE: Nice to see volume today

RE: RE: Nice to see volume today 
  I would say close to 50 million shares fully diluted . Plus as a guess would bring in $1.5 million in cash to get there . I have heard they have 5 million shares of International Montoro and probably some others as well as they have some JVs over the years .
 
  They have some great Uranium property as well in Saskatchewan on a 50/50 with Montoro . They hit some great uranium intercepts there just before U308 price dropped . Something could(will) come of that still .
 
  But the best for now would be drilling right beside Osisko(Brett) .

  I can't see a better entry point than now .
Bullboard Posts