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Goldsource Mines Inc V.GXS

Alternate Symbol(s):  GXSFF

Goldsource Mines Inc. is a Canada-based resource company, which is engaged in exploration activities. The Company is focused on the Eagle Mountain Gold Project (Eagle Mountain) for which it has a 100% interest in the Eagle Mountain Prospecting License (EMPL) and the Kilroy Mining Permit (collectively, the Property). The Property is located approximately seven kilometers (km) south of Mahdia Township (population approximately 3000). Mahdia Township can be accessed by road from Georgetown, a driving distance of approximately 325 km, or via air by a commercial flight. The Property consists of an area of approximately 5,050 hectares (ha) (12,480 acres) in central Guyana, South America. 4,784 hectares (11,820 acres) of the Eagle Mountain Property relate to the EMPL while 266 ha (660 acres) relate to the Medium Scale Mining Permit held by Kilroy Mining Inc. (Kilroy), on which the Company has a long-term lease with a 2% net smelter return royalty.


TSXV:GXS - Post by User

Bullboard Posts
Post by coffinraideron Mar 01, 2009 3:39pm
263 Views
Post# 15812267

Some of you should know better

Some of you should know better
-or have even you, the lead pumpers forgotten - we are mired in a bear market out of our hands and out of our control - those of us still in the game are mere fatlings - many yet still, about to be tossed into a bear pit of ravenous starving grizzlies.- in such a bear market as this you take profits when and wherever you can and go home.

Those who seriously believe that this current GXS rally has grown legs in this bear market and will outperform as it did prior to the meltdown will be left for the bears and eaten by bears.

Company execs and top management keep the flow of business going from day to day - they are the lead pumpers -
-based on the expectations and opinions of the Company's management onthe date statements are made, the assumptions used in thepreparation of such statements, although considered reasonable at thetime of preparation, may prove to be imprecise and, as such, unduereliance should not be placed on them - they are not the ones who conduct the feasibility studies - resource estimations, metallurgical, scoping, logistical, economic, environmental impact studies, or native issues and concerns and on and on etc etc - they are not the experts - No , management are there to pump and serve as the lead pumpers in the initial stages of the game/process - the future of come what may is not their world of expertise. - they have no foreknowledge of the outcome of the groundwork studies that must be done that is to be left to the experts in the field.

As for the contingent of excited amateurs posting here - this bear market rally has just about run its full course based on the current step-outs from the original discovery holes at depth.- Never in a bear market as we are in now should you ever  let the power pumpers on this message board who keep repeating the same things over and over lull you into a false sense of security that this is the GXS of old and better, has grown legs and can only move ever higher from here.

THE BEAR IS HUNGRY - YOU COULD BE HIS NEXT DINNER !! - EXERCISE EXTREME CAUTION.
Bullboard Posts