Goldsource Mines Inc GXSFF

Primary Symbol: 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.

TSXV:GXS - Post by User

Goldsource Mines Inc

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Comment by crockyon Aug 08, 2008 2:26pm

162 Views

Post# 15369693

RE: Phoned Fred Cooper - Confirmed Drill Program

DD involves focusing on the company at hand rather than other companies which have little relevance to the play in question. Your DD suggested that GXS coal analysis was high for sulphur content . Obviously that isn't true based on the sulphur content of N. Appalachia and Illinois coal . 1.5% sulphur is below the industry defined 1.67% 'high' category. If you had phoned the company and expressed your concern for their apparent 'high' sulphur content you would have been corrected .
Crocky

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