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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

Post by SIGG1on Sep 11, 2024 11:24am
69 Views
Post# 36218586

BSX Stock Just Dropped Again – It’s Time to Cut Your Losses

BSX Stock Just Dropped Again – It’s Time to Cut Your Losses

The latest news makes it clear: it's time to cut your losses. The stock has just fallen another 11% today, and it's trading at only a few pennies. At this point, BSX has become one of the worst possible investments out there.

The project itself is in serious trouble. Being located right in the middle of the Amazon rainforest brings a host of political, environmental, and logistical challenges. With increasing global scrutiny on environmental issues and tightening regulations, the chance of this mine ever becoming profitable is almost non-existent. This stock is not just stuck—it's headed downhill fast.

By continuing to hold BSX, you're tying up your money in a sinking ship. That capital could be better used in opportunities with real growth potential, instead of being stuck in this dead-end situation. Holding on only adds to the pain of watching your investment wither away.

Letting go now is the smartest decision you can make. Don't wait for things to get worse, take control of your financial future and free yourself from the stress and uncertainty that comes with this stock. You’ve already lost enough, don’t let this be the weight that drags you down further.

It's time to sell BSX and move on to better, brighter opportunities.

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