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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 AuContraireon Apr 07, 2009 12:40pm
361 Views
Post# 15902284

Sorry Shane, but ...

Sorry Shane, but ...Gut feelings and hunches do play a part .. and in many other things too that we do daily. How many times have you said " Darn !! I KNEW that !! " ?  But naturally the gut feeling is just another tool among the many we use to make market decisions. In this new Release it did not say anything negative that we were unaware of last week - say.  This was a blanket drill program. You've all done those Pull Tabs in the bar.  There are rewards under some of them.  They are like drill holes you punch into a layered raisin cake hoping to find the big raisins. So far they have found 3 or 4 but have not fully drilled them out to get the true size and thickness for a 43-101 Securities Guideline Report. In plain language .. ' There's lots of coal there with good thicknesses '.  The market is now busily digesting the news and by the end of this week it will tell you the new base price per share.
Bullboard Posts