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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

Post by Appreciation777on Mar 21, 2023 3:48pm
159 Views
Post# 35352054

Not the end things coming together, just cleaning market.

Not the end things coming together, just cleaning market. Indeed it is very depressing what is happening to most of the junior stocks, this is the worst many of us have seen for many years.

We could have a turn around if Gold moves to over $2 K and remain there for a few weeks.

The Russian / Ukrainian War may help to move up the price of copper to over $5 as they are using millions of copper sleeves on all the bullets.

Perhaps one of the major issues is the political weaponized Biden's administration that is focusing only on green energy and climate change  causing Banks in that energy sector to go under which may cause the U S Dollar to collapse which may increase Gold  demand against the U S currency.

Given all the aformentioned, I still have faith in Belmont, given the reasonable diversified  properties held and paid for,= Gold, Copper, Uranium, Lithium and Rare Earths and the stock is mostly held by insiders,= the potentiality is there. However; Sleepy Joe has to go as he and his incompetent administration has almost destroyed the Mining and Oil industry in North America, increasing poverty 200 /300 % globally and turning American Cities into shooting ranges and Homeliness campsites Cities.

I noticed that National Bank and TD keep crossing the stock and I am sure accumulating it as well. Does anyone have any idea of what stock position these Banks hold as well as insiders. ( Thanks)
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