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Goldsource Mines Inc GXSFF


Primary Symbol: V.GXS

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 TheHippyon Jun 22, 2008 8:29am
345 Views
Post# 15214077

Sask Gov't laughing all the way to the bank

Sask Gov't laughing all the way to the bankThe provincial government is making all kinds of cash granting exploration permits to anyone that asks for them....but when it comes time to apply for actual mining permits...applications will be accepted(so fees can be collected by the government) but none will be accepted. They have known about this coal deposit for close to 50 years...never ever planned to mine it though...they have all the coal mines they want in the south...canada's third largest producer. I hope u all made a boat load of cash on this stock..it might even go a little higher when more permits are accepted, but make no mistake about it...not one ounce of coal will ever be pulled out of the ground and goldsource will eventually(in a few years) be back under a dollar....the smart money is already selling short
Bullboard Posts

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