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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

Comment by loews123on Dec 05, 2020 1:09pm
132 Views
Post# 32044099

RE:Quiet board

RE:Quiet board Inse, you are always a cheerleader for GXS. Fine, don't want a debate. But, a question. Management has foreever been shooting themselves in the foot, taking years lobger to accomplish what they've promised and our SO are going over 400,000,000. Gxs has to raise big money for their cyanide plants,more shares or debt. So, I anticipate another rollback or we'd be lucky to see C$ 0.50 in a couple of years. There are better places for our money out there. Past history tells me GXS will always be 9 months away from production. So, tell me at what price you think GXS will be valued assuming they finally produce an ounce of gold, and not from that fiasco sluicing debacle years ago. Shoot me a number  you think realistic with a US$ 1900 gold price. Thanks.
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