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Belvedere Resources Recoups Early Losses, Flat Again; Active on TSXV But No Apparent Fresh News

Belvedere Resources Limited (BEL.V) is flat again at 17 cents having earlier touched 16 cents with close to 2 million shares traded - making it one of the most active on the TSXV early Thursday - although there is no apparent fresh stock specific news around.

Belvedere Resources is a Canadian incorporated mining company with a primary focus on gold, cobalt, copper and nickel in Finland. Last month it reported a second-quarter net loss of EUR 48,944 or breakeven per share, compared to a net loss of EUR 873,737 or EUR 0.01 per share reported for the same period of fiscal 2010.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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