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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
Comment by Saturn4on Dec 07, 2009 3:32pm
216 Views
Post# 16561867

RE: RE: North American Gem Buy Rating $1.31

RE: RE: North American Gem Buy Rating $1.31NAG has seen more action then GXS lately ... nothing happening here but bag holders ranting here ... yup, I've been one of them on many stocks ... and continue to be on some .... just not this one ... surprising, but GXS seems to be a "has been" .... NAG is producing and plans to open more mines in kentucky including Blue Gem ... remember, NAG is still one of the largest landholders in the hunt for Sask. coal ....

GXS will have its day again, but IMO not for some time .... the estimate was a very short from what expectations were IMO ... but it has a lot more drilling to do and the markets are firming up ... SO, I will probably be back to GXS but NAG is in right now for me ... and probably many ex GXS holders ... Do your own DD ...

P.S. --- HighTest ... continue laughing
Bullboard Posts