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

Bullboard Posts

Post by astrorbiton Feb 24, 2016 1:48am

112 Views

Post# 24588094

Permit POP or NO permit DROP.$1.5BILLION REALLY?

Regardless of gold price if the construction license is issued there will be a "POP"

If not it will DROP.

Q1-2016 is the targetted date. This was stated in a video by Mr.T.

Agnico owns 17.4%
Sun valley owns 16.2

Example:

full enterprise value of <$300million.

Agnico eagle owns 62.5million shares subtract -$48million

BSX has 388million(Fully diluted)-62.5million(AE shares)=325million shares left.

.77 cents per share/equivalent to remaining share holders.

Agnico out of pocket 250million+15million(62.5million shares)=265million

$69 per ounce of gold in the ground

Bullboard Posts

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