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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 > Marquee Lawsuit
View:
Post by Canbea on Apr 02, 2023 8:07pm

Marquee Lawsuit

Well well well
Sleepy George will be awake tomorrow.
Marquee filed a lawsuit against Belmont.
Failure to handover the 80% for the lithium project.
Now why would they not want to hand it over???
Comment by mrsgoldminer on Apr 03, 2023 8:35am
Maybe Marquee  did not hand over the cash I! Did not meet deadlines if it's true.
Comment by Canbea on Apr 03, 2023 9:49am
https://www.investi.com.au/api/announcements/mqr/3069d2ce-0ba.pdf It's true
Comment by mrsgoldminer on Apr 03, 2023 10:16am
Not worried.maybe it's in the mail  lol MARQUEE COMMENCES LEGAL ACTION AGAINST BELMONT RESOURCES INC. Marquee Resources Limited (Company or Marquee) (ASX: MQR) wishes to announce that it has served legal proceedings against Belmont Resources Inc. in the Supreme Court of British Columbia. On 1 November 2021, Marquee entered into an earn-in agreement (as amended) with Belmont in respect of ...more  
Comment by mrsgoldminer on Apr 03, 2023 11:52am
Will wait until I hear the other side of the story.No panic selling yet,but the I would love lots of two cent share if the lemming go off the cliff!
Comment by Canbea on Apr 03, 2023 12:51pm
I haven't been following to closely. Is there more results to come from the Libby drilling. Maybe the find is so good Belomont don't want to hand it over.
Comment by mrsgoldminer on Apr 03, 2023 1:16pm
Belmont does not have the cash to win a big lawsuit and I would think they would be happy with their 20% as they have their own better plays on the Flagship CBC plus others..It would be a lawsuit they would not win unless Marquee has not paid up on the whole deal [ Lone star ].Just guess work on my part. No news on the financing as of yet.
Comment by 30yrsotst on Apr 03, 2023 2:22pm
Next up will be Sleepy Rounder George can't pay BEA's 20% non carried interest in the next Kirby work program and MRQ gets 100% of the project. When you don't have two nickles to rub together you're not going to win any lawsuits or be able to pay your 20% share. Our rounder really stepped into on this one.. The kiwi munchers are smart miners don't underestimate them or think ...more  
Comment by mrsgoldminer on Apr 03, 2023 3:04pm
He retains 20% and he does not have to add any money to the deal Jack 
Comment by 30yrsotst on Apr 03, 2023 5:12pm
You can read and or think. Right?  These Marquee guys are a lot smarter than you and your round buddy George. Wake-up teach you're really not that bright. Ya preach a lot but really not a lot of substance.  The Company may, at any time during the Kibby Earn-In Period, withdraw from any of its further obligations under the Kibby Earn-In by giving 30 days’ prior written notice ...more  
Comment by mrsgoldminer on Apr 03, 2023 5:16pm
I know you are but what am I 
Comment by 30yrsotst on Apr 03, 2023 5:59pm
I don't know an ignorant know-it-all moron would be my best guess. You asked!
Comment by mrsgoldminer on Apr 03, 2023 6:26pm
I know you are but what am I 
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