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.

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Goldsource Mines Inc

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Post by scotton Apr 29, 2019 12:01am

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Post# 29681905

Goldsource Mines Write-Up/Video Analysis

I’m not familiar with Black Bull Assets nor do I vouch for the accuracy in this analysis of GXS. I came across this material regarding Goldsource Mines and simply decided to pass it along. I would however be interested to hear what others think about the arrived valuation and the method used to calculate it.

Black Bull Assets Write-up on Goldsource Mines

Black Bull Assets Video on Goldsource Mines

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