Bullboard - Stock Discussion Forum Belo Sun Mining Corp T.BSX

Alternate Symbol(s): BSXGF

Metals & Mining Gold

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

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Belo Sun Mining Corp > No News Release from BSX Management

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Post by davgro on Jul 30, 2021 12:22pm

No News Release from BSX Management

I think it speaks volumes that management has not issued a news release in relation to the filed OSC complaint. A simple news release stating that the complaint has no merit and will be fought vigorously could help stem the selloff. The lack of any statement from management is having the exact opposite effect and only exacerbating the drop in the BSX share price.

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Comment by StackLexus17 on Jul 30, 2021 12:41pm

I would imagine that all day yesterday was spent with lawyers, speaking with the OSC, etc. Probably conducting due dilligence before issuing a statement. Likely the whole weekend lost on the conversations prior to any statement release.

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Belo Sun Mining Corp