Belo Sun Mining Corp. (BSX)

[redflame]

From Stockhouse:

new presentation posted on website
Mentions a preliminary license issued in February.

Also provides updates re: timelines, and mentions news of drilling activity this year too (which presumably is going to go into the definitive feasability paper too).

As for article, am surprised it had such a negative effect on the stock. You can't build a dam, then punish the mine for the issues of the dam. And you cannot act as if Belo Sun reneged on their promise to build a school, etc, for the locals, as Belo Sun first needs money to do that, and they won't get money without first getting the mine into production.

Did the locals expect an equity raise from Belo Sun that would be devoted to building new houses and a school for these locals before they even got the permits to build the mine? Did the writer of the article expect that too?

Starting to root for Belo Sun for different reasons than when I started investing in them, and definitely see this week as a great buying opportunity.

Read more at http://www.stockhouse.com/companies/bullboard/v.bsx/belo-sun-mining-corp#eZ7Odmwu167MGoel.99

Progafa: are you still around?