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Bullboard - Stock Discussion Forum 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... see more

TSX:BSX - Post Discussion

Belo Sun Mining Corp > Looks like we will need to wait a bit longer
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Post by everywhere on Mar 16, 2021 9:38am

Looks like we will need to wait a bit longer

It seems like the meeting will be delayed, hope it happens soon https://noticias.uol.com.br/colunas/rubens-valente/2021/03/15/funai-mineradora-indigenas-coronavirus.htm
Comment by 1Upside on Mar 16, 2021 9:44am
Whats it say? if you dont mind telling us.
Comment by everywhere on Mar 16, 2021 10:24am
Let's see if this copy & paste work Funai backs down and vetoes mining meeting with indigenous people in Par Ilha da Fazenda, a riverside community whose area is directly threatened by mining company Belo Sun, where the mining company intends to settle in Volta Grande on the Xingu River, in Par.Image: Marcelo Soubhia / ISA (Instituto Socioambiental) Rubens Valente Columnist of UOL 03/15 ...more  
Comment by Eldoradosucks on Mar 16, 2021 1:11pm
Funai and Belo are playing smart talking behind the scenes to avoid the NGOs and Environmentalists.
Comment by 1Upside on Mar 16, 2021 9:24pm
  At the Gold Conferance on the 28th will get the answers to timeline of injunction lift. I'm in the camp they are in buyout negotiations and they announce a deal soon after the lift.  The last rung  coming down the ladder is where you need to be the most careful.
Comment by bracky on Mar 17, 2021 11:53am
Only going by mainstreem media report it isn't hard to understand the delays .
Comment by medvic1 on Mar 23, 2021 2:56pm
I'm not expecting it to happen soon. Hopefully in July-August. Gold to deep to 1650 and in July at about 1900. BSX sp to drop 0.60+ then moving alone with gold price above $1.  That's MY view you guys are free to disagree.
Comment by 1Upside on Mar 23, 2021 9:35pm
Belo won't delay the meeting because of gold prices, too risky. The stock will rise on that news, reguardless of jv or buyout talk. "How long before the last meeting?" is all long term investors want to know. On Sunday The CEO is talking at a Gold Conferance. Anyone on this blog, have access to the conferance online?  
Comment by everywhere on Mar 23, 2021 10:56pm
Base on the article, the meeting is delay because of native vaccination issue, got nothing to do with gold price.....be honest, i understand environmental & livelihood concerns, but these tribes issues are just tiring. Guess we can only wait