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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 Cussyon Jul 27, 2008 1:08pm
301 Views
Post# 15333482

The BIG Coal Plan

The BIG Coal Plan

None of us know at this point where they main pot of gold is... However, Looking at GXS holes, it certainly shows that the Coal gets thicker running east, however, the thickness is not extreme in difference to the east at this point... It is still quite possible that the thickness varies throughout... The ONLY WAY TO FIND THE JACKPOT is to drill this area... SO MUCH SPEC about which direction... NOBODY KNOWS!

I would think that if you REALLY BELIEVED that a MAJOR WORLD CLASS DEPOSIT EXISTED here, the best move would be to buy a boarding pass on a train that goes off in each direction from the discovery holes... It would not take a "hole" lot of cash to do this... Buying ONE ticket is much riskier but potentially much more rewarding.... But again... the rewards will be significant even if you cover all the bases, if it is in fact a major discovery.... I am kicking myself for not buying GXS at $4... GXS has proved they have at least part of the goods!

Perhaps my fello investors, we can talk about and develop a good plan of attack to cover a diversified land holding here... Lets do that rather than slamming this company or that one... Any takers...

Assuming GXS is holding the "CENTER" spot... (WHICH IS A VERY BIG ASSUMPTION AT THIS POINT), lets make a simple list of companies holding land (again another assumption) off in each direction...

- - - - - - - - - - - - - North - - - - - - - - - - -

North West - - - - - - - - - - - - - North East

---------  West  -  GXS  -  East ---------- 

South West - - - - - - - - - - - - South East 

- - - - - - - - - - - - - South - - - - - - - - - - -


North =
North West =
North East =
West=
East =
South West =
South East =
South =

Cussy, the Windsurfer:)

Bullboard Posts