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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 rscinv1on Apr 26, 2022 1:46pm
233 Views
Post# 34632845

Bluntly

Bluntly
Congrats on your call for a substantially lower entry point.  Besides the frequency of the posts telling us we would see our investment go in the wrong direction, I think most of us were annoyed with the logic of your argument.  The idea that the top two executives with 10's of millions of shares would want to collect a few hundred thousand dollars a year instead of realizing a $50M gain is ridiculous.  (If you disagree with that statement, please explain why people would want hundreds of thousands a year instead of tens of millions now.)  Yet here we are down >50% with no clear idea as to what happens next or when.
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