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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
Comment by shane117on Apr 07, 2009 1:23pm
209 Views
Post# 15902465

RE: Shane - mining costs

RE: Shane - mining costsYour not getting it! It doesn't matter how much it costs one company to mine. All companies operating costs are different. The point is that they don't know how much coal they have. The guessed based on a couiple of holes. The coal is scattered everywhere and not enough in one location to mine. Do you think that the s/p is dropping by .70cts in one day because there is some knd of conspiracy and the market is wrong. Stop and take a deep breath! the further the drilling goes on the worse it gets. it just proves that the coal is scattered ansd thats all they got. Especially now that drilling is stopped for a couple of months! The recent drilling just shows what they really have and thats nota mine. There is smarter peopleout there than you, don't you think the s/p would be through the roof if thay had a potential mine?
Bullboard Posts