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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

Comment by inseon Feb 05, 2021 1:49pm
241 Views
Post# 32485826

RE:RE:GXS is hugely undervalued

RE:RE:GXS is hugely undervaluedThanks mmoital...much appreciated.


And remember, Goldsource Mines is not just consistently finding gold. They are consistently finding HIGHLY ECONOMIC, NEAR SURFACE GOLD mineralization that will generate SIGNIFICANT cash flows right from the get go.


Also remember that Goldsource Mines is one of only a handful of junior gold mining companies that is in an eviable position of going into production within the coming 18-24 months. Think about that for a moment. Gold production. Most juniors will never amount to anything, let alone go into production.


Yannis, Kevin (in Guyana), and the dedicated and skilled Guyanese team, have persevered and worked tirelessly, over the past number of years (which have been absolutely terrible bear market conditions for gold and the mining industry). They have now done most of the heavy lifting - bravo.


And now we are fortunate and blessed to have Steve Parsons as our CEO. Steve has an extensive mining and captial markets background, and investment industry expertise and reach. I have no doubt in my mind that Steve will help take Goldsource Mines to the next level in growth and valuation.


The Eagle Mountain Gold Project is poised to become a relatively simple and cost-effective gold mining operation. The low hanging fruit (saprolite) will be easily mined (processed) initially (at low AISC). Future opportunities for additional resource expansion drilling, exploration work, corporate growth through mergers and acquistions, etc, will all be funded by cash flows from operations.


Get ready everyone. 2021 IS THE YEAR OF GXS.


<<<GOOD LUCK TO ALL>>>
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