i got slammed for this post on June 26thHere is what i posted on the goldsource board on June 26th
The provincial government is making all kinds of cash grantingexploration permits to anyone that asks for them....but when it comestime to apply for actual mining permits...applications will beaccepted(so fees can be collected by the government) but none will beaccepted. They have known about this coal deposit for close to 50years...never ever planned to mine it though...they have all the coalmines they want in the south...canada's third largest producer. I hopeu all made a boat load of cash on this stock..it might even go a littlehigher when more permits are accepted, but make no mistake aboutit...not one ounce of coal will ever be pulled out of the ground andgoldsource will eventually(in a few years) be back under adollar....the smart money is already selling short
Anybody believe me now.....lmfao
now it seems that these borderline criminals are buying a company that doesn't even exist....or if it does, they set it up to con us all...but it won't work. NAG will be less than a penny by xmas. If any of you still hold this loser...dump it now before the real fall. Last spring the technical volume numbers looked okay even though the financials didn't...now even the volume balance is terrible
don't forget that GSX was looking for diamonds, but found coal. That's kind of like fishing for salmon and catching a bullhead....nice to reel one in, but no value at all.