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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 Feb 14, 2011 1:56pm
477 Views
Post# 18130234

Take over target

Take over target

American Power Corp. (AMPW) Just Slammed the Door  on a Potential Takeover from Peabody Energy (NYSE:BTU)!

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That signals Rio Tinto that to get American Power's $35 billion worth of low-sulfur Montana coal, it may have to go as high as $20 a share for this $1.30 stock!

AMPW Could be At A Massive Discount and You Could Turn $10,000 into $133,000 in the Next 6-12 Months!

You owe it to yourself to take just a few minutes to consider the facts that follow. Facts that you can easily verify for yourself.

As you'll see, eighteen months from now, you could be sitting on one of the biggest investment gains of your lifetime, a true life-changer that has the potential to...

. . .Could $100,000 turn into $1,333,000!

Why could this $1.30 stock of exploration coal company, American Power Corp. (AMPW) could be about to explode to $20 or more a share on its way to $40 or even $50?

Because this junior coal company, is a virtual duplicate of another coal exploration company, Western Coal Corp.

 

(WTN.TO) recently exploded by 2,782%:

 

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Look at their November 23rd SEC filing and you'll see... American Power Corp (AMPW) just slammed the door on takeover talks with America's largest coal company, giant Peabody Energy (NYSE:BTU, market cap $15.65 billion).

********************************************* 

The message, American Power sent to Peabody was. . .

Why would a junior coal company flatly reject a takeover by Peabody Energy, one of the world's most profitable coal giants with a market cap of some $15.65 billion?

The reason is simple:

They knew Peabody was low-balling it, perhaps thinking it could dazzle AMPW's board with a big-sounding number. But, American Power knows its sitting on $35 billion worth of highly-desirable low-sulfur coal. It also knows it's in the drivers seat and I suspect...

AMPW's Board Is Rumored to Be Looking for $50 A Share For This Now-Around $1.30 Stock!

(According to recent article)

American Power also knows there's an even bigger mining company out there (Rio Tinto NYSE:RIO; market cap $129.64 billion) that's also shopping for new coal reserves. The rejection it sent to Peabody was no doubt also meant for Rio Tinto.

Rio Tinto is shopping and it knows that in just one recent week there were two multi-billion mergers announced in the coal industry:

Western Coal went for $3.25 billion! London financier, Nat Rothschild's Vallar just shelled out $3 billion for the biggest coal mine group in Indonesia!  

 

On the other hand, American Power knows its got at least 288 million tons of high volatile, low-sulfur bituminous coal, that could go a long way to meeting America's energy needs for many years to come. And it also knows what that coal is worth, at least $35 billion!

One Door Slams, Another Opens!

It didn't get a lot of publicity, but if you're a coal-industry junkie like me, you might have spotted the obligatory (SEC required) announcement from American Power Corp. (AMPW) that it had rejected a buyout overture from giant, Peabody Energy!

Wow! A junior coal company just told the No.1 coal company in the U.S. to stick it!

American Power slammed the door on Peabody's insulting, low-ball offer because they know they can expect a way more realistic offer from its neighbor, Rio Tinto, the $129 billion NYSE giant and the world's 2nd largest mining company.

Rio Tinto is so huge and so diverse, and AMPW's neighboring coal reserves so tempting that I believe Rio Tinto is working on its own bid for AMPW as you're reading this.

 

They have the infrastructure in place right next door and Warren Buffett's coal-hungry railroad is just waiting to do business.

It's a Sellers Market. AMPW Is Going to Play Hardball!

 

We just saw how tough American Power's board can be when it ended talks with Peabody. That tells me that Rio Tinto is going to have to man-up! I honestly believe that this is one of those opportunities that comes once in a lifetime to turn $10,000 into $200,000 in a matter of months!

You see, feisty little startup, American Power Corp. (AMPW) has, some how, just managed to end-run the big boys and lock in the mineral rights to a 29,000 acre Montana coal lease estimated to contain as much as $35.04 billion worth of easily-accessible, low sulfur coal.

And here's the interesting little detail that makes AMPW's $35.04 billion worth of coal a near-certain takeover target:
Warren Buffett's $44 Billion Coal LineRuns Straight Through the Project!

You may have read that Warren Buffett recently invested $44 billion to own Burlington Northern Santa Fe railroad.

Half of that railroad's business is shipping Montana coal, so Buffett is obviously betting coal will continue as America's #1 source of electric power for decades to come.

Well, guess what?

 

His main, coal-hauling rail line runs smack through the middle of American Power's newly-signed lease for 29,000 acres of high-grade Montana coal. No doubt Mr. Buffett will be more than happy to move that $35 billion to market.

So, the big question now is... when the mines are open and productive, who is going to be controlling all that coal? For sure it won't be American Power!

 

My guess it will be Rio Tinto.
We already know that Peabody made a move and was rejected. It's only logical to believe that American Power is now in secret talks with Peabody's main rival, Rio Tinto. Who knows, the Chinese may even decide to make a move and force Rio Tinto to up the anti! Anyway you look at it, YOU will be the huge winner, provided you act now, before Rio Tinto makes its first offer!

(AMPW) could explode to in share price! And that's just for starters.

How do I know if that estimate of $35 billion worth of coal is really accurate? 

 

And why am I willing to stick out my neck and predict that this $1.30 stock (AMPW) could go?

All good questions, for which you'll find good answers when you click on the link below:

https://reportonpowercompany.com/index.html  


Sincerely,

Hiam Blackstone    

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