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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 Dec 18, 2023 4:35pm
88 Views
Post# 35790616

RE:RE:Peter

RE:RE:Peter The biggest gamble in this sector is finding a resource that can actually turn in to a mine with profits than taken over, the permits is skill and great knowledge this play had reduced the odds with this find, It's when certain directors don't know they don't it's not a gamble any more it's a lost, It happens alot in this sector 90 percent of plays out there are not going to be mines , and  40 percent of management in this sector are flakes the other 45 are not qualified for challenges like this,Peter holds a fair amount here but he's sank this to much he went with the wrong approach here, he's going to have to give up a large portion for a huge discount for anybody to try to close this,Any one that's a rounder in this sector that has the funds and people yo try to close this knows he doesn't have msn doors to knock o, nobody is going to approach him, he's going to have look for it, and let's be real here no matter how much you think this has a chance to continue, one thing is for sure he's going to have to raise money, and yiu ndver buy a stock where a company is going to dilute. Wait be patient if you believe here, This play is on the ropes here look what happen tothe price of gold did you see any interest here on the open market.
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