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.

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Belo Sun Mining Corp

Bullboard Posts

Post by TRRGon Sep 15, 2013 12:08pm

416 Views

Post# 21741138

Gold falling to critical support levels !

Gold rally from june lows has been only countetrend rally
and our recent correction from 2011 highs has on more
leg down.
Targets might be lower than 1180, perhaps 1030 or less.
HUI index will suffer more looses, we should test 168 level(lows
2008) or even lower.
Strong rebound in aftermarket on friday might be just some
short covering, nothing important in overall picture !!
Capital preservation is the most important for investors, it
might take 1-2 months to reach final lows of this deadly move
Sell or hold ?
Dont ask me !!

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