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Belmont Resources Inc V.BEA

Alternate Symbol(s):  BELMF

Belmont Resources Inc. is a Canada-based company. The Company is engaged in operating a portfolio of highly prospective copper, gold, lithium, uranium and rare earths projects located in British Columbia, Saskatchewan, Washington and Nevada States. Its holdings include Athelstan-Jackpot (A-J), Crackingstone Uranium, Come By Chance (CBC), Lone Star Copper-Gold, and Kibby Basin Lithium. The A-J is the Company’s two former gold mines. Athelstan gold mine area drilling indicates a peripheral alteration zone to a potential deep-seated copper-gold porphyry. The Crackingstone Uranium is a high-grade uranium property situated in the prolific Beaverlodge Uranium District of the Athabasca basin. The Project covers four kilometers of the Black Bay Shear Zone, a northeast trending magnetic low corridor which hosts four past producing mines. CBC offers a potential large copper-gold porphyry. The Kibby Basin Lithium project is located 60 kilometers north of the lithium-rich Clayton Valley Basin.


TSXV:BEA - Post by User

Comment by mrsgoldmineron Apr 14, 2022 11:37am
72 Views
Post# 34603940

RE:Copper and Gold on the move.

RE:Copper and Gold on the move.Have to be realistic,as in the stock market does not like instability.Higher interest rates ,credit card loans,higher inflation, Higher gas prices means Higher inflation,higher mortgage payments.Spot gas contracts none left,shortage coming this summer?
Most people are in debt big time 60%
Might have to wait till fall,as the big shake up comes.
The American dollar is tied to Gold.Dollar down Gold up  and the pressure is on the American dollar!
Canada and USA has no Gold to back the dollar.


The cyclical nature of the market is the second most important thing that you have to know after psychology

Thou shalt understand the market and it's psychology buy low sell high
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