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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
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Comment by elgin1on May 08, 2014 3:44pm
135 Views
Post# 22540400

RE:RE:RE:RE:RE:RE:So what's Belosun's strategy here, buyout? production mine?

RE:RE:RE:RE:RE:RE:So what's Belosun's strategy here, buyout? production mine?They will a have tough time getting an environmental approval for it since it is in the middle of a rainforest. also The capex for the construction is going to be huge for the mine due to its location. Have they gotten the environmental liceneces from the Brazilian govt?  That is why the project wont go ahead and only if gold is above $2000 .   Go look at CPN this what will happen to it as well. Even at 10 cents you might lose your shirt.
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