Goldsource Mines Inc V.GXS

Metals & Mining Gold

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

Goldsource Mines Inc

Bullboard Posts

Comment by Cash2BuyMoreon Jun 15, 2008 6:32am

478 Views

Post# 15186681

RE: cheap coal player in sask....FYI

The Most Undervalued Coal and Potash Stock --------- CAJ.V

Target price: $1.00

News Forecast:

NI 43-101 report for Eyehill Creek Potash property
More Potash claims on Saskatchewan/Alberta border
Coal permits approval for properties adjacent to GXS’ discovery
Exploration on potash and coal properties
Drilling results from (adjacent to VMS’ copper discovery)

Coal properties: GXS Area Play, Saskachewan

CAJ will be one of the earliest companies to get the coal permits!!! CAJ is one of the hottest area plays of GXS coal discovery.

WGF submitted the application in end April, and got the comfort letter on May 27
CAJ submitted the application on May 2 and got the comfort letter on May 28.
SMI submitted the application on May 2 and got the comfort letter on May 28.

And CAJ applied more coal permits in May 13 and June 9.

GXS’s sp has been soaring up from 30 cents to $11 in a month, suggests investors think the deposit could be significantly bigger. As an early bird, CAJ will take off sooner then later.

CAJ is the earliest area play getting noticed by market. CAJ was covered by Street Wire in May 5. Check the news here.

https://www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=Z-C:CAJ-1487714&symbol=CAJ&news_region=C

Potash Properties Eyehill Creek Property, Saskatchewan-Alberta border

CAJ’s newly approved permits encompass 453,058acres of lands prospective for potash located on the Saskatchewan-Alberta border. Canasia plans to complete a National Instrument 43-101-compliant report.

Comparing to all potash junior stocks, CAJ has a significant potash property package but sp is trading as lowest price (of June 13):

SymbolsPrice CAD

POT.TO 232.12

MGO.TO 9.33

HF.TO11.34

ALS.TO12.4

API.TO 8.83

AAA.V 0.76

AGP.V8.12

ALM.V5.86

APV.V 2.03

CAJ.V0.40