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Goldsource Mines Inc 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 stingray88on Mar 24, 2009 2:14pm
391 Views
Post# 15866572

volume

volume The volume in relation to the sp is a little concerning to me. We have traded a million shares inless than 2 trading days and the sp has hardly moved in a hot market. This should be trading at min. $3 by now. Every rally is meet with a great deal of resistance. If they have what they claim, you would not be able to touch this much paper without it going up 2-3 dollars. Last tear before the discovery 20,000 shares would move this thing muliple dollars, now we move pennies with alot of volume. Just something to think about. I know what my game plan is .
Bullboard Posts