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 > Peter Tagliamonte

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Post by SIGG1 on Nov 30, 2023 3:39pm

Peter Tagliamonte

Peter Tagliamonte bought 12,932,835 shares @ 0.335 back in 2018.

That's how much it cost him $4,332,499

That's how much they are worth now $646,641

After factoring the interest costs on his loan he pretty much lost it all.

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Comment by bracky on Nov 30, 2023 4:05pm

Do you actually thgink he perpetrating a scam would do that . Looose almost 4 million so he can draw salary of 500,000 for a few years . I would say he has inside knowledge of a payoff .

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Comment by SIGG1 on Nov 30, 2023 4:09pm

what kind of payoff are you thinking about?

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Comment by bracky on Nov 30, 2023 4:22pm

If he thought that was a good price for the return he anicipated and couple with that I never say big sell volume when his loan expired it would be a fair assumtion to conclude he came up with the cash to pay the loan off .or it was extended . Either way I would have to ask why? .

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