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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 AuContraireon Apr 07, 2009 12:17pm
312 Views
Post# 15902179

NMZGE

NMZGEA lot of companies fail to realize that the majority of share buyers and market players and speculators in this junior mining game do not understand the Geospeak and the technical stuff. What these clowns here need now is some kind of a simplistic summary of just what they have in SIZE and LOCATION.  A nice description along with simple MAPS.  The Web Site is the place to do this.  " This is what we have now and this is what it is shaping up as ". And " We believe the ultimate tonnage potential here is X tonnes ".  Some optimism is allowed.  After all these are qualified Professionals and an ' ultimate tonnage potential ' would be their opinion. Never never never let a geologist write a News Release.  It's like Little Tommy Tucker who went to the pie, stuck in his thumb and pulled out a plumb and said ' What a good boy am I !! '. Only another Geologist would know what he was talking about.  This is what I would like to see .. " We have X coal basins shaping up .. see the map.  These are named A, B, and C, etc.  The rough dimensions so far are ( then write it ).  These occur at depths of Y meters below surface, respectively. Drilling will continue. ". This one has been very badly handled.  Similar to the Roca fiasco.
Bullboard Posts