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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 May 13, 2009 5:33pm
308 Views
Post# 15991041

May I add something here ?

May I add something here ?One thing besides money that wealthy people have and a lot of market players do not. It's patience.  The MacNeil family control this whole coal play.  They are Industrialists in Saskatchewan.  Biiiiig fish in that small pond.  They are sitting back and picking away at all the good coal stocks here.  When this universal mood of pessimism in the economy finally goes away and we return to some semblance of normal times they will own most of all the good new coal in Saskatchewan.  And that's how the wealthy do it. The GXS is under accumulation.  Triple DUH !!!!!!!!!!!!!!!!!!!!!
Bullboard Posts