$BSXGF $GDX $GDXJ $NUGT Belo Sun pulling back with all miners, July 1st is the official affirmation decision at the TRF1, most likely full affirmation of license coming, MPF are a joke and desperate, judges know this. Making the affirmation on independence day is symbolical!and could cause the stock to double. This is a $5.00 stock long term, hold and forget. Support tested on initial gap up break out trend hit today. I know this target seems far fetched, it's just an idea based on support / resistance, it's possible with the amount of profit they will make. $2.50 is very attainable once construction officially starts.
$BSXGF Belo Sun to Commence Technical Studies on Volta Grande Gold Project
T.BSX | 53 minutes ago
TORONTO, May 12, 2026 (GLOBE NEWSWIRE) -- Belo Sun Mining Corp. (“Belo Sun” or “Company”) (TSX: BSX, OTCQB: BSXGF) today announces the commencement of technical studies relating to its Volta Grande Gold Project (“Project”) located in Pará State, Brazil, with the engagement of a mining consultant and the hiring of a Engineering Director.
$BSXGF Belo Sun has state-level (SEMAS) approval for construction, issued on 14/APR/26. However, only half the mining project is allowed to commence with plant (vegetation) suppression, workcamp construction and road building. Among other commonplace stipulations with a license like this, they need to satisfy the PBA-CI (Basic Environmental Plan - Indigenous Component) and specific hiring/social conditions for it to remain valid. One condition being, they need to hire 30% of the labor force in 30 days after the liecense was issued. The other half (the Ouro Verde pit) is prevented from construction until the tailings dam is re-engineered into a dry stack tailings facility.
You can track new submissions to and from SEMAS here by typing Belo Sun in the "Nome do Interessado" under advanced search: https://monitoramento.semas.pa.gov.br/simlam/ListarDocumentos.aspx
$BSXGF $GLD $GDX $GDXJ - TRF1 6th panel affirmation coming very soon (expect a PR), then a big re rate coming to construction start status. HINT: Do your DD on judge Flavio. This is a winner and the biggest mine in Brazil. 5.1M oz at 800$ AISC, is basically going to be a money printer for 17 years.
$BSXGF Belo Sun Announces Reinstatement of Installation License for the Volta Grande Gold Project
February 14, 2026 2:00 PM
TORONTO, Feb. 14, 2026 (GLOBE NEWSWIRE) -- Belo Sun Mining Corp. (“Belo Sun” or the “Company”) (TSX: BSX, OTCQB: BSXGF) is pleased to announce that the Federal Regional Court has accepted our appeal to reinstate the Installation License, which was suspended in 2017 for the Company’s Volta Grande Gold Project (the “Project”) located in Pará State, Brazil.
ourt of Appeal Decision
On February 13, 2026, Desembargador Federal Flávio Jardim of TRF-1’s 6th Panel granted interim relief, suspending the lower court decision and fully restoring the effectiveness of the Installation License. The ruling authorizes Belo Sun to resume and continue regular installation activities for the Project.
Construction Activities
As a result of the ruling, the Installation License is now fully effective and the Company is authorized to proceed with construction and installation activities
$BSXGF $JNUG $NUGT $DUST $JDST Rumor out that construction permit going to be re-instated. 300% gains quickly when it does, 40M in the bank now so it's not if but when. Patience is key here. First stop 0.80, only thing stopping this from hitting $1.75 CAD is a buyout.
