Bullboard - Stock Discussion Forum Goldsource Mines Inc V.GXS

Metals & Mining Gold

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... see more

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TSXV:GXS - Post Discussion

Goldsource Mines Inc > QUESTION

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Post by inse on Oct 24, 2020 2:10pm

QUESTION

Do people need to get hit over the head with a 100oz gold bar to recognize how good this last news release was?

We have expanded the Eagle Mountain deposit to the SW by way of the No.1 Hill and Baboon zones. These two new zones represent a surface area measuring approximately 450 Metres x 450 Metres.

My guesstimate is that No.1 Hill and Baboon will add at least another 200k ozs of profitable gold to our existing resource.

Oh, and hello??? The 3rd drill rig is now operational!!!

Yet here we are, trading at only $0.14...I have to assume that people will eventually figure out how much profit Goldsource Mines will be making in the very near future. In the meantime, GXS remains an absolute bargain.

To Yannis and the rest of the Goldsource Mines team in Guyana...keep up the great work and keep adding more profitable gold ozs to the Eagle Mountain Gold Project. The market will eventually value us accordingly...and it will be significantly higher than where we are now.

GLTA

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