You may find this of interest. I reached out to the company and asked some questions. They responded with this letter:
Thank you for your interest in Belo Sun. Belo Sun is not at risk of being delisted, the company has a good balance sheet, and we are managing the work activities and expenditures in a conscientious manner. While the Company was disappointed that the court did not immediately lift the construction Licence suspension, I feel that it provided a positive outcome with the Court providing much needed clarity on a procedural road map for the lifting of the suspension. Over the next few months Belo Sun will proceed with all its efforts working with SEMAS and following the courts direction to get the construction Licence suspension lifted. Although we need to be aware that there will many challenges ahead, Volta Grande Gold Project is an outstanding project, one of the very best, and the Team has done and continues to do an outstanding job, it works with and has good support from the local communities and Indigenous communities, and I feel we will be successful. I hope this provided you with some encouragement. Peter Tagliamonte
M
John, are you still holding this stock and do you have confidence they will actually go forward? Just curious. I'm in pretty deep at this point.
J
Belo sun management is getting rich TRYen to get operational. And that's all they need to do to keep themselves rich. ESG and Belo Management both get what they need. Guys this will never get built under this team because the team works for ESG IMO Like stopping a dirty gold mine in amazon is not an ESG dream PR campain.
O
Stopped for news! Is this an acquisition? Or maybe regulatory news.
S
with out any good news this will float. but any thing good will keep this to 1 dollar
F
Court kicked the ruling on permitting authority back to local provincial body. Court deferred ruling on lifting license suspension to SEMAS .... same provincial body. Stock gutted today....
J
yeah mine owners make money watching it. I hope they get caught being in some side deal with the enviromentalist to not fight for productiony cant and wont produce its a symbol for the left now
M
What is going on? Is this going to tank now or is it a bump in the road? There has been some huge selling going on! Anyone watching this?
G
What is the way ahead for BSX?
R
Those in the know understand VNNHF is about to win approval to break ground on their mine. target price is $2 when construction approval is granted. very high probability of acquisition. I bought about $7k at $0.32.
An update on the reopening would be in line with investors interest. Well looks like there in a time squeeze. Is being politically careful not to upset the environmentalist worth risking there stock value collapsing, and therefor getting less from a buyout. As they say "Timing is Everything!!"
J
According to Gold Stock Analyst. The delay caused by 2nd vaccination. Vaccination this week for the tribe. Meeting in 2 weeks after the shots. Could be in front of judge end of March, Injunction lifted. Update March 28th Gold Conference. CEO Interviewed. Gold itself in a confusion pattern, but great long term investment. Optimism The mine is great, its wanted. They are going to stick to their guns and get $2 or more. Maybe, privately its already done.
B
No comments as price falls I am not aware of any new info
i
There are a number of issues effecting BSX that are completely out of their control right now, at least gold prices continue to climb- have been following SmallCapCanada this year and they do a terrific job uncovering the hidden gems from across the Canadian markets and they always deliver quality reports that are packed with insightful info and market analysis- just a great resource for any investor- SmallCapCanada
t
Gee, I wonder how long John Doody and his band of merry men and lady before last nights Stansberry 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 Gold Summit? Price move up caused by minions who got the free “recommendation” and bought this morning.
T
Expect some good news about Belo Sun at the Denver gold conference.
w
My understanding is that the local meeting with the tribes has been pushed out due to Covid vaccinations. They received the first shot and need to wait 30 days for the second. Disappointing, but it doesn't sound like anything is stopping the process from moving forward. We'll see what GSA says.
B
Good buying opportunity. Depends if they are being honest.
S
Due to Stansberry investment advisors recommendation, pop
questions. They responded with this letter:
Thank you for your interest in Belo Sun.
Belo Sun is not at risk of being delisted, the company has a good balance sheet, and we are managing the work activities and expenditures in a conscientious manner.
While the Company was disappointed that the court did not immediately lift the construction Licence suspension, I feel that it provided a positive outcome with the Court providing much needed clarity on a procedural road map for the lifting of the suspension.
Over the next few months Belo Sun will proceed with all its efforts working with SEMAS and following the courts direction to get the construction Licence suspension lifted.
Although we need to be aware that there will many challenges ahead, Volta Grande Gold Project is an outstanding project, one of the very best, and the Team has done and continues to do an outstanding job, it works with and has good support from the local communities and Indigenous communities, and I feel we will be successful.
I hope this provided you with some encouragement.
Peter Tagliamonte
actually go forward? Just curious. I'm in pretty deep at this point.
And that's all they need to do to keep themselves rich.
ESG and Belo Management both get what they need.
Guys this will never get built under this team because the team works for
ESG IMO Like stopping a dirty gold mine in amazon is not an ESG dream PR campain.
they get caught being in some side deal with the enviromentalist
to not fight for productiony cant and wont produce its a symbol for the left now
some huge selling going on! Anyone watching this?
Well looks like there in a time squeeze. Is being politically careful
not to upset the environmentalist worth risking there stock value collapsing,
and therefor getting less from a buyout. As they say "Timing is Everything!!"
The delay caused by 2nd vaccination.
Vaccination this week for the tribe.
Meeting in 2 weeks after the shots.
Could be in front of judge end of March, Injunction lifted.
Update March 28th Gold Conference. CEO Interviewed.
Gold itself in a confusion pattern, but great long term investment.
Optimism
The mine is great, its wanted.
They are going to stick to their guns and get $2 or more. Maybe, privately its already done.