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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 loews123on Oct 14, 2018 5:55pm
81 Views
Post# 28798305

RE:More buying...

RE:More buying...inse...I agree, the stock is climbing slowly up the right side. I'm ok with a solid foundation being built brick by brick. The crucial moment  will be how the market reacts to future news on financing the procuction plant. If it is favorqable to GXS I expect a hearty SP increase. But, if there are onerous demands on GXS profits written in...well, I guess I'll have to see how investors see it. I'm a very long term holder and at this point very willing to accept a fair deal that establishes GXS as a profitable gold producer within a year or so.

Bullboard Posts