PERMITSQuoting benandemmiboo post of June 7th, 2014..... As for "permitting" concerns -- I just don't see the concerns as really being there. All the stuff re: Belo Monte now just pertains to making sure they give back to locals via all the stuff they promised them, and the ditto seems the case with Belo Sun. Both are now repatedly in the news about how they are giving back -- Belo Sun with the new training school; Belo Monte with sewage lines, a small zoo, schools, land for churches, etc -- prior to making any profits from their businesses. If they suddenly choose to stop Belo Sun from mining, what would be the reason? That it would take 6 years to fully comprehend many of the effects of Belo Monte on the region? If so, it then puts all of the very poor PARA State in a state of limbo for 6 years, as there are more miners than Belo Sun in the region, and they'd also get affected by such a ruling. Anyway, my average (after buying from its December high, then averaging down over the months) is much higher than current prices, and I am not losing sleep. Not thrilled, by any means, but not losing sleep. The definitive feasability will most likely double the amount of gold they plan to mine each year (by taking into account the majority of measured and indicated, plus the new gold found in current drilling), and it will likely increase their IRR and overall NPV considerably. Stock will recover hard at some point in the next months, and when it does, it becomes a likely takeover candidate too. Those who constantly mention Mark Eaton's comment about going forward with mining this themselves should re-read some interviews with the Sulliden CEO last year when he said the same thing after Agnico Eagle invested in them. Forbes & Manhattan builds projects, then they sell them. And if they sell at bad times (as with Sulliden this year), they still started their initial investment at much lower prices, meaning they can always argue it was a great success story for them. Read more at https://www.stockhouse.com/companies/bullboard/v.bsx/belo-sun-mining-corp#R8QBJcT61Miz2OCg.99