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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 AuContraireon Mar 31, 2009 11:44am
298 Views
Post# 15884437

I gotta' tell you.

I gotta' tell you.( And all you Diamante clones can go to H !! ) .. In all my years in the market .. + 57 .. I have never witnessed a news delay in this context like we are seeing in GXS right now .. i.e. during an active large drilling program.  You know the adage .. Good news comes on the jet plane --- Bad news comes by mule train.  But probably not true here .. we hope .. LOL.  The only saving grace is that there could be biiiiiiggg Corporate developments going on that mandate a stable share price until signed.  Such as establishing share-swap price ratios for a buyout or a buy-in. Me ?? .. I'm still neutral.  I still have no opinion why there has been such a delay in releasing news..
Bullboard Posts