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Belo Sun Mining Corp T.BSX

Alternate Symbol(s):  BSXGF

Metals & Mining Gold
Belo Sun Mining Corp. is a Canada-based development and mineral exploration mining company. The Company is advancing Brazil's undeveloped gold deposit at the Volta Grande Project in Para State. The Volta Grande Project is situated in the Tres Palmeiras greenstone belt in Para State, Brazil. Although the project's mining license covers 2400 hectares (24 square kilometers), the actual area dedicated to the mining operation is much smaller, encompassing only about 10 square kilometers. The Volta Grande Gold Project is accessible by both road and river. Altamira is a major regional center with a population of 150,000 and is serviced by a local airport and the Trans-Amazonian Highway. The Volta Grande Project's mineral resources are divided into two areas: the North Block and the South Block. The North Block comprises four zones: Ouro Verde, Junction, Grota Seca, and Greia. The South Block is situated approximately 10 kilometers to the south-east.


TSX:BSX - Post by User

Belo Sun Mining Corp
Bullboard Posts
User Avatar Image
(5)
•••
Comment by Nomad3on Jan 17, 2013 3:13pm
289 Views
Post# 20852770

RE: What's up

RE: What's up

some possiblities but just guessing

 

Likely...buyout price has been negotiated and they are walking lower to reduce the 20 day moving average to get to a 30% premium takeover target

Possible ... problems with the future dam or indigenous pop

Unlikely ....PEA is not as robust as expected

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities