Stocks in play: Belo Sun Mining Corp.
Provided a corporate update reporting on rulings by the Court of Appeals of the Federal Justice in Brasília: The two cases before the Court were (i) the determination of the competent authority for the environmental permitting of the Volta Grande Gold Project (SEMAS or IBAMA); and (ii) ruling on the suspension order against the Volta Grande Construction License The Court has verbally advised the Company of the rulings, however it has yet to publish the written details of the ruling. Belo Sun will provide an update on the ruling if the written decision is materially different than what was verbally announced by the Court once details of the decision have been published. Belo Sun Mining Corp. shares T.BSX are trading unchanged at $0.70.
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