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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 10, 2009 12:07pm
352 Views
Post# 15910419

Mighty oaks from tiny acorns grow.

Mighty oaks from tiny acorns grow.Long term you will see the share price of GXS go very very high if it is not absorbed by a Major Company soon. I just quickly browsed the Sedar documents for WTR.P.  I would recommend you all do the same.  The GXS stuff is thoroughly described plus a lot of other excellent info plus pictures.  To me it indicates a new and HUGE coal mining district in North America.  Big League stuff for now and well into the future. This is the Ground Floor to get in .. NOW !! Sure .. the share prices will fluctuate and even swing wildly in the short term but if you really want to get a handle on this you should take the time over the week end to wade through that WTR.P stuff on Sedar.  A good technical job has been done here.  And don't forget .. this is how the BIG guys make big money.  The Regulators want solid numbers when shares are issued for mineral properties.  The solid numbers on MOST plays in the early stages are low.  What is the 'Valuation' right now ??  Low.  O K, you guys can have tons and tons of shares. But we all know ( wink, wink ) that the potential sometimes is worth Gazillions. When you buy an early stage winner on the TSX.V you are buying reality ( which is low right now ) PLUS the future pizazz and potential of the play. In my opinion both GXS and WTR.P fit this. Don't believe anything I write .. go dig up the data and info yourself.  Mikey likes it !!!!!!!
Bullboard Posts