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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
Comment by crockyon Jul 14, 2008 7:11pm
308 Views
Post# 15291334

RE: Hmmm! seems like a leak again...

RE: Hmmm! seems like a leak again...No, that isn't right. It climbed that high on news of the coal intercepts. It was everyone who had a clear picture of what those 2 holes meant that drove it up so fast. 1/3 -1/2 of the float was already tied up at that stage so there was likely less than 10 million shares available to trade after the 28th of April. Heaven only knows how few shares are actually available now. I think that the traders tried to lull everyone into thinking this thing wasn't going to respond to the drilling news -initially - or it took some time for the news to get buyers moving.
No leaks as far as I know .
GLTA , Crocky
Bullboard Posts