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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

Comment by bullmostlyon Dec 15, 2022 11:54am
99 Views
Post# 35173399

RE:Amazing Opportunity

RE:Amazing OpportunityCompany said $2B NPV at 1,700/ounce. In part you are correct, imo. I think there are other factors at play. Fear around the amazon watch reports which are not factual and are meant to be misleading. Well it worked for now. And FOMO, bc next year should be solid for gold and investors are trying to identify the quickest money. Which is why I bought here but hey. I am surprised so far that the company has not addressed the precipitous fall.
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