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

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Comment by precious45on Feb 20, 2015 5:26am

132 Views

Post# 23446906

RE:RE:TMM buys NES.BSX value based on

I think you have to factor in grade, capex and all in costs/oz before making comparisons like that. I'm a holder of NES and the deal is roughly 20% gain on near multi year low SP, do you wish a 20% gain on 0.235c as the buy out figure? I for one don't want that to happen to any more of my explorers/juniors at this time and hope they can hang on till next year when hopefully gold will be in the early stages of a reversal back to its bull market.

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