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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 crazy1gadgetson Oct 26, 2022 12:39am
153 Views
Post# 35048733

RE:RE:RE:0.305…yet another new all-time low

RE:RE:RE:0.305…yet another new all-time low INSE, I feel your pain (at least in part).  GXS had been up to 6% of my portfolio, now it is sadly down to 2% and dropping daily.   Hard to watch (which I have generally stopped doing for my overall health and state of mind).  For better or worse, I am HODL on this, as I still agree with you on the long term prospects.  It was on the speculative end of plays for me when the markets were hot, now I am paying the piper for my risks.   Still hoping things will turn around for GXS and the other junior miners, someday...
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