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Goldsource Mines Inc GXSFF


Primary Symbol: 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

Post by stockpunteron Dec 28, 2023 9:09pm
215 Views
Post# 35803439

border situation

border situationGreat!  Just when we have a nice PEA and no doubt some more exploration data to look forward to, we have another dictator using a war with a neighbor to distract citizens from how bad things are at home.  It will be interesting to see how the USA and Britain respond, considering their commitments elsewhere and the state of domestic politics, especially in the USA.  In the near-term, this is not going to be good for GXS share-holders other than possibly giving us an opportunity to buy some very, very cheap shares.  Keep some dry powder, I think.
Good news is that Exon has off-shore oil interests.  Bring on the Big Stick, I say.
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