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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 rscinv1on Feb 06, 2023 11:58am
116 Views
Post# 35269385

RE:RE:Never said I have written Bsx off

RE:RE:Never said I have written Bsx offBluntly, your statement "until this gets driven by the right people" again prompts the question: What does the process of replacing management look like? 

Shareholders, primarily led by Sun Valley, would need to vote for changes to the Board.  The newly composed Board would then replace management with a handpicked team.  Are there elite management teams you can think of for Belo?  And would you expect their pay to be comparable to current management (understanding we'd expect performance commesurate with compensation)?  Is any of this incorrect so far?
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