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.

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Goldsource Mines Inc

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Comment by paljoeyon Jul 21, 2008 11:23am

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Post# 15312494

RE: ONE HOLE WONDER!!!/Not WHD

I warned earlier that this one was very much overpriced and very risky , as it had little substantive drilling.
For a real coal plus natural gas stock see V.WHD which has 43-101 of 1.5 billion tons at Tulita, over 3 billion tons at Nunavit, nearly 300 million tons of coking coal in B.C, has Petrobras as a partner to develop the Fig Four Gas Field with Encana,and will soon finalize the acquisition of a producing coal mine in Arkansas with another weathly JV partner. Also, major JV with Sasol and large Chinese coal producer.

$13 million in the bank, and trading at just $0.27

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