| Business Summary | | Belmont
Resources,
Inc.
is
in
the
business
of
the
acquisition,
exploration,
and
if
warranted,
development
of
mining
and
oil/gas
properties.
The
Company,
which
has
held
various
mining
interests,
has
recently
focused
its
resources
upon
its
property
interests
in
Slovakia.
The
Company
intends
to
raise
additional
funds
through
private
financings,
or
joint
ventures
to
permit
further
property
exploration
and
development
of
the
Slovakian
properties,
and
to
move
the
properties
into
the
production
stage.
The
Company
has
obtained
all
necessary
governmental
approvals
for
development
of
its
properties
in
the
Slovak
Republic
and
in
the
Province
of
Quebec,
Canada.
These
include
the
Pezinok
Property
and
the
Kralovsky
Chlmec
Exploration
Territory,
Slovak
Republic,
and
the
Lac
Rocher
Property
and
the
Ungava
Prospect,
Province
of
Quebec,
Canada. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Belmont
Resources
Inc.
is
an
internationally
diversified
natural
resource
company
engaged
in
the
acquisition,
exploration,
and
if
warranted,
development
of
mineral
resource
properties
in
Slovakia.
For
the
three
months
ended
4/30/01,
revenues
rose
69%
to
C$16
thousand.
Net
loss
rose
23%
to
C$78
thousand.
Results
reflect
higher
interest
income,
offset
by
higher
salaries
and
administrative
services
costs
and
a
C$31
thousand
loss
on
the
sale
of
marketable
securities. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Vojtech Agyagos, 56 Pres,
Director | $54K | Gary Musil, 49 Sec.,
Director | -- | Dollar amounts are as of 31-Jan-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|