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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
Comment by AuContraireon Mar 03, 2009 6:41pm
357 Views
Post# 15818140

RE: 135 meters of coal equals

RE: 135 meters of coal equalsTake that further my friend.  Just use very approx. numbers .. Value the coal at 50 cents a ton as is where is .. that means $500,000,000 n'est ce pas ?? Issued shares = more or less 20,000,000.  This means $25 a share in my book.  Like I have written on many occasions.  I am putting my shares away on hold indefinitely and will only be a seller if I desperately need the money .. which I doubt will be the case.  This is a No Brainer my friends.  I like that description for some of the intercepts .. Bright -- Shiny -- some may even be coking quality.  Great stuff !!!!!!
Bullboard Posts