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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 > Seeking alpha post about GXS
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Post by mmoital on Jan 10, 2021 8:54am

Seeking alpha post about GXS

https://seekingalpha.com/article/4398049-goldsource-mines-asymmetric-gold-play Mines: An Asymmetric Gold Play Jan. 10, 2021 3:46 AM ETGoldsource Mines Inc. (GXSFF)1 Like Crowd Noise Fundamentals profile picture. Crowd Noise Fundamentals 306 Followers Summary Goldsource Mines is an intriguing play on higher gold prices and 2021 catalysts from updated drilling results. The Eagle Mountain gold project is advancing, and new gold resource estimates may drive the stock higher in 2021. The companys 2021 plan includes an updated NI-43-101 and Pre-Feasibility Study for Eagle Mountain. Valuation model with abroad range of outcomes is presented. The model reveals an attractive asymmetric investment. I recommend that risk-tolerant investors add Goldsource Mines to their portfolio
Comment by inse on Jan 10, 2021 1:08pm
Great find mmoital...let's hope that a perfect storm  is brewing for GXS...more positive drill results, a robust interim Resource Estimate, a new website, and a new marketing and promotional campaign. GLTA
Comment by mmoital on Jan 10, 2021 5:06pm
We all know that the new resource will be very different. There is no other outlook given the drilling results over the past 3 years. The question is how much (improvement) rather than if. And the author also knows that. However, his narrative is largely bound by the completely out of date resource and PEA. Given this constraint, I think he did a good job. The narrative will change - dramatically  ...more  
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