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Goldsource Mines Inc 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 25, 2008 10:32am
291 Views
Post# 15329016

The way I see it.

The way I see it.The second hole may already be factored in.  We hope so. The one where the drill broke down.  It is another geo-hole.  If they miss now on this third hole to the N W things will really get seriously bad.  They act like novices.  No understanding at all about the inter-relationship between field work and the stock market.  Once again they are going with a big long stepout. They had an elephant bird in the hand .. why they keep moving so far out beats me.  You stand on top of a buried elephant and you MISS him with your first 2 shots. It is irresponsibly unbelievable.  Think of the millions of dollars that have been collectively lost (on paper) because these guys made a wrong assumption.  You cannot ASSUME anything except death and taxes. They owe us a good big new 'hit'.
Bullboard Posts

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