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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 mmoitalon Sep 09, 2019 10:01am
146 Views
Post# 30108240

RE:1.3 MILLION OZS GOLD

RE:1.3 MILLION OZS GOLDTotally agree
A 25m market cap with 6m in the bank is ridiculous. GS mines is (well) funded for the next 12 months. 
As they put more holes on the property they understand it better. And Salbora has not been drilled to the South where mineralisation it is highly likely to continue looking at the pictures. 
I have tripled my (smallish) position on the way down - at 0.11, 0.9 and 0.8 -, lowering my average 30%.
GLTA   
Bullboard Posts