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Belo Sun Mining Corp T.BSX

Alternate Symbol(s):  BSXGF

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

Post by Blunty1969on Jul 28, 2021 8:00am
101 Views
Post# 33615462

Let’s see if we get shafted

Let’s see if we get shaftedIf this Jv does happen and share holders don't see any royalties that pay out from any future production profits and belo sun share holders don't have to take any risk without the associated risks of future money costs based on net proceeds received by any of the gold producers that may come in here  they should pay belo sun a lite of mine percentage of such returns,and should be life of mine return.3 percent is low 5 is very exeptable in my view.That will let's us know if we got shafted or not you watch.
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