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Goldsource Mines Inc GXSFF


Primary Symbol: 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 mepecachewon Mar 31, 2009 11:49pm
424 Views
Post# 15886632

Seems all these small cap companies are waiting fo

Seems all these small cap companies are waiting foI think one of the better choices would be GXS because of the low share count.
They have 0 dept and cash on hand to continue drilling now and in the future.
Sure we are down on the PPS over the last couple of trading days but still in the plus from the uptick of
last weeks pps. Just276,650  shares traded today and  down .14 to close at  2.12  but the volume is
telling a story. This stock surges and falls on low volume if GXS comes out with decent news or explosive news!
We could see $8-10 dollars a share right away. I for one am hanging on to every share I have until  the results come out.
GXS could have a 3 day run after that or more depending on the results.
When will the results come out company stated that it will be around the end of March so I think it could come anytime.
But I know one thing GXS hit huge targets already and that is a good enough reason to me to hang on to my shares until the next phase of results come out.

Bullboard Posts