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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 Apr 10, 2022 10:30pm
417 Views
Post# 34592610

RE:New resource estimation out.

RE:New resource estimation out.This was a positive and successful Resource Estimate by any number of measures - Indicated Resource of 1.2 million ozs gold grading 1.12 gpt and Inferred Resource of 582,000 ozs of gold grading 0.98 gpt.


But does anyone even know about it, or give a damn? Judging by the pathetic market reaction, the answer is a resounding no.


So how do we get this positive RE announcement, and last month's positive announcement of high grade gold exploration drill results from Soca? (yet another new gold prospect on the Eagle Mountain Gold Project).


T H R O U G H   P R O P E R    A N D    A G G R E S S I V E    M A R K E T I N G    A N D    P R O M O T I O N


They don't even have a proper Investor Relations person fully and solely dedicated to perform this crucial role. This is simply unacceptable and pathetic. Who's decision is this not to have a proper Investor Relations person?


Yannis and Kevin continue to do all the heavy lifting for Goldsource Mines, and continue to deliver positive growth and results for the Company operationally and developmentally. I applaud their continued hard work, perseverance, and commitment to the Company.


There are so many hugely positive things about Goldsource Mines that need to be properly and aggressively marketed and promoted. More also needs to be done with improving the liquidity of GXS, as well as investigating the on-going occurrence of irregular low bids vs the ask. These particular responsibilities do not fall on Yannis and Kevin. What ever happened to developing relationships with Institutional investors and conveying the Goldsource Mines story in order to help take GXS to the next level?


There are absolutely no more excuses left for GXS to be trading at 0.79 or 7.9 pennies pre-consolidation. GXS should be trading significantly higher. Again, someone prove me wrong.
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