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Goldsource Mines Inc GXSFF


Primary Symbol: V.GXS

Metals & Mining Gold
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

Goldsource Mines Inc
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Post by Einherjaron Jul 20, 2009 3:10pm
282 Views
Post# 16151542

Acquisitions in this cheap market

Acquisitions in this cheap market

A junior coal miner climbed on news of an intendedacquisition offer, while the same could be said for a Calgary-basedpower generation firm.

Stockhouse Canadian Small and Micro-cap Stock Report for Monday, July 20, 2009

TORONTO (SHfn) – A junior coal miner climbed on news of an intendedacquisition offer, while the same could be said for a Calgary-basedpower generation firm.

Shares of Hillsborough Resources (TSX:T.HLB, Stock Forum)surged more than 41% to 44.5 cents, after Vitol Anker InternationalB.V., a wholly owned subsidiary of the Vitol Group, announced itsintention to make an offer to acquire all of the common shares of thecompany that it does not currently own for 45 cents per share. VitolAnker says it has entered into a lock-up agreement in support of theintended offer with holders approximately 9% of the outstandingHillsborough common shares.

seems to me that coal is bretty cheap but not death yet...and all the shorts please rate me with one star cause that`s what i deserve.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities