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.

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Goldsource Mines Inc

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Post by ozGoldbullon Mar 19, 2009 11:41pm

276 Views

Post# 15857722

You gotta ask yourself

why is Goldsource more expensive than many producing coal companies in this poor market? I remember when Anglo Potash got bought out for $8 and change for $280 Million. Now look at all the Potash companies in this market. Apples and Oranges still. Goldsource has held its price here quite well and you have to start to wonder why. Let's hope next Christmas we get more coal.

Cheers,

OGB

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