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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
Post by cigarbuttson Mar 04, 2019 3:50pm
132 Views
Post# 29440166

You know............

You know............I was trying to like this GXS but they pumped the stock with a few drill results right after doing the PP where insiders got to participate............and their is all this paper to float in options and warrants freebie shares at or below current quotes..............And the stock has had a big move AHEAD of whatever results come out at PDAC last Friday,  or Monday,  or tomorrow.

So,  the opposite of this is Skeena Resources.    The stock did not move one inch before the news Thursday.   It's not drill results but a Resource Report.   THere was no PP just before the news release.    The insider freebie shares of options and warrants do not kick in till 70 cents and  avg of $1.

Skeena is undervalued for the whole company today compared to GXS.    And its in Canada compared to Guyana.     Nothing against Guyana,    I owned GUY at times,  but Canada is a safer jurisdiction from govt.  expropriation.    PLus    Eskey Creek has some existing camp,  road,  power etc.  there or nearby.     Same open pit.   About the same grade as your one best drill result to date.     But Measured and Indicated already reported.
Bullboard Posts