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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Comment by glorieuxon Nov 05, 2010 7:36am

421 Views

Post# 17662451

RE: RE: Interesting Day

This is one that is hard to predict for sure. Lots of value in the ground, great share float (20M shares out only), actually, I am very impressed with how they managed to operate in the last year and a half with no dilution. The 2 new BoD members that came on board this summer have solid credentials. When this one starts to run, it is prone to really big movements because of the low share float so now that she is awake again, it could be fun. Good luck all!
Glorieux

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