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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 Hozameenon Jul 21, 2008 11:40am
408 Views
Post# 15312625

Hindsight is wonderful.

Hindsight is wonderful.But it does not give one a second chance to re-spot that first hole.  Some of the milk got spilled. But not all of it. Remember that old board game called Battleship, where you picked puncture points to find where the enemy's fleet was hiding in the fog. It was a BIG fleet but the ocean was immense.  Same thing here.  First puncture point .. not good.  Like the Pull Tabs thing in the bars. But the prize is most definitely still here.  They are allowed the first 'miss'. Let us hope the second one gives a 'hit'. It's no good to say ' This is where I would have drilled '.  Because you are not the one spotting the holes. However you could say the step-out was quite a gamble because of its length.
Bullboard Posts

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