True Value of BSX - Shareholder Read Anyone who has been around the stock long enough and followed the PRs and data released from the company would understand the the Pre-Feasibility study does not show the true OZ in ground. They have easily cleared 750,000 oz of test results but only showed 400,000 OZ in the PF (the company has done this on purpose). I expect them to surpass 1 million ounces of tested samples by the late summer. With permits expected to be sealed anytime soon, full feasibility to show ounces in ground over 1 million ounces with an extraction rate of 95 percent (which is incredible) - Belo will be over $2 as soon as gold moves for a run to clear $1800 an ounce.
It is unfortunate that Belo got hit all at once with some negative PR around the PF, market pumpers downplayed Belo, the locals dressing up as pre-historic monkeys for combat (that has nothing to do with Belo) and gold dropping to a 12 month low.
Do the math, anyone who understands this opportunity and share price would BUY BUY BUY - why do you think over 500k shares were bought by insiders the past week.
Anyone who understands the team behind Belo Sun and the success they have had with other companies, this sun will outshine any company or reserve they ever took a sniff at.