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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 badswedeon Apr 15, 2009 2:51pm
208 Views
Post# 15920212

Is 30 mill the right value?

Is 30 mill the right value?Talked to a friend of a friend today. He´s currently a mid/high operator of swedish Vattenfall´s coal mining in former east Germany. He read the latest NR and commented......UUUUhhhhhhh great..... UUUhhh...great.....what depth......uuuhhhh........high grade........uuuuhhhhhh......easy to wall in when mining it.......uuuuhhhh. Buy the stock? NO I don´t speculate. I´m thinking it´s wrong...  uuuuhhhhh......

He´s really something else, but. He know coalmining.

200 mill tons(plus/minus 100)  in 5% of area 1.
Area 2,3 yet to be drilled, but in coal "land"

Think about it!

From Sweden with love / Ben
Bullboard Posts