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

Bullboard Posts

Comment by crockyon Oct 02, 2008 5:59pm

330 Views

Post# 15501180

RE: Genuity

So does the market become more or less risk averse over the passing months? Marc Faber has bear market rally starting in October and lasting for 2-3 months . Will this be for select commodities or across the board ? Uranium and potash suck right now , oil is sliding and there is no money available for juniors without something tangible. At least Goldsource has lots of cash and a proven deposit of large size. I have also heard that GXS has even received an informal offer for a buyout. Hard to confirm that but the street here in Saskatoon is alive with mining gossip.

Crocky

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