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Bullboard - Stock Discussion Forum 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... see more

TSXV:GXS - Post Discussion

Goldsource Mines Inc > Calm before the storm
View:
Post by inse on Jan 05, 2021 2:47pm

Calm before the storm

There's been strong accumulation of GXS in the 0.125-0.13 range over the past number of weeks by many smart buyers. Is this the calm before the storm?


I still believe in the Goldsource Mines story, and remain committed to my large position in GXS.


But it's now time for GXS to put up or shut up.


GLTA


GLTA
Comment by loews123 on Jan 06, 2021 12:26pm
Inse, you are right. It's time for GXS to convince the market of their production potential and delaying. They have enough of a resource to move on. They've already missed out on the first move up in the jrs. GXS is my worst performer.
Comment by mmoital on Jan 06, 2021 1:29pm
I went to check old NRs and info about the previous resource estimate and it was based on roughly 35000 metres of drilling, which is what the company is now adding ahead of the revised estimate. In addition, the old estimate is based on two deposits only: Kilroy and Zion. The company has now several more zones (and growing), including the mega star that is Salbora. While part of the recent ...more  
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