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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 Blunty1969on Sep 16, 2023 12:30pm
88 Views
Post# 35639712

RE:RE:RE:RE:RE:Brazilians involved in Licensing are buying like crazy 🤪

RE:RE:RE:RE:RE:Brazilians involved in Licensing are buying like crazy 🤪 Being Brazilian I have to admit it's not the best peace o real estate to do deals, The country is losing a lot of qualified people to other countries USA specially so to be honest it's not my favourite place to invest in mining, I do recognize that's been a task for belo, but honestly the salaries taken here by these guys since 2017 is unacceptable knowing there  limited capabilities on this, so honestly I don't like the location don't like the management don't like the fact the Helder B is thinking of becoming the next president of Brazil on which he might not take such a risk with plays like belo let's be honest there is risk on this causing world atention if it's not done very right,But I can't ignore on such a great find and I will always keep reading on belo, investing in it may be , I would like 2, and probably will.But I ain't betting on this management, I am keeping my eyes open on what happens to the license renewal of the power plant next door if they have a hard time getting all greens lights on again, I would not touch belo until a change in political leadership.
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