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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 Mar 26, 2021 3:17pm
276 Views
Post# 32887897

RE:Marketing

RE:Marketing

This stock is truly a piece of dog s_ _ t. Too bad really, given the fact that the company is actually fundamentally and operationally sound from so many perspectives.


1.7 million ozs of highly profitable near surface gold, just from their interim updated Resource Estimate alone (which does not include additional positive drill results from November 6, 2020 onward).


The Goldsource Mines team has continued to achieve methodical expansion of the Eagle Mountain Gold Project. 3 drill rigs continue exploration and in-fill drilling, which should help put us over 2 million ozs of gold.


Actually, what other junior gold mining company out there is on the verge of generating >$50-$60 million net cash flow per year?


0.115 is an absolute bloody joke. I believe this stock is being manipulated and held down intentionally. My main concern is that we get a hostile takeover offer for significantly less than what GXS should be worth.


GLTA

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