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Bullboard - Stock Discussion Forum Belmont Resources Inc V.BEA

Alternate Symbol(s):  BELMF

Belmont Resources Inc. is a Canada-based company. The Company is engaged in operating a portfolio of highly prospective copper, gold, lithium, uranium and rare earths projects located in British Columbia, Saskatchewan, Washington and Nevada States. Its holdings include Athelstan-Jackpot (A-J), Crackingstone Uranium, Come By Chance (CBC), Lone Star Copper-Gold, and Kibby Basin Lithium. The A-J... see more

TSXV:BEA - Post Discussion

Belmont Resources Inc > Uranium on the move which is great for Belmont shareholders
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Post by Appreciation777 on Feb 13, 2023 3:12pm

Uranium on the move which is great for Belmont shareholders

Uranium's January Jump
 
January was a strong month for uranium markets, with U3O8 uranium spot price posting a 5.05% increase and uranium mining equities gaining 14.65%. Looking ahead, we believe the uranium bull market still has a long way to run. Over the long term, increased demand in the face of an uncertain uranium supply is likely to support a sustained bull market.    
 
By Jacob White
Senior Analyst, Sprott Asset Management 
Read More
 
 
Comment by Appreciation777 on Feb 22, 2023 4:38pm
Thanks for the info; Yes; the Crackingstone has great potential for Rare Earth Elements. It appears that management are looking for 2 directors and trying to close the previus announced financing. Looking at Kibby basin I am not so encouraged with MQR's performance, BEA has to find a better partner. Given that BEA has legal water rights fully permitted should help. Best of luck
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