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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

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Post by stockpunter on Oct 15, 2021 12:32pm

weird

interesting SP and volume today, with POG down hard.  Some good news coming next week?
Comment by inse on Oct 16, 2021 3:03am
Hi stockpunter, they put out good news 8 days ago, on October 7th, 2021...yet more gold at the Eagle Mountain Gold Project. GXS is likely just playing catch up. Either way, GXS still has a long way to go just to fairly reflect where we were around this time last year, BEFORE so much hugely positve news has since been released. Sentiment for mining stocks may also be starting to turn positive ...more  
Comment by scott on Oct 16, 2021 2:49pm
Does anyone know if Goldsource still has rights to the coal property from years back? I see no mention of it on their website. See below, coal prices have been going crazy lately. Could this have anything to do with the recent positive activity in their share price? https://www.zerohedge.com/markets/china-coal-prices-soar-record-winter-freeze-spreads-cross-country
Comment by inse on Oct 21, 2021 10:18am
scott, I believe they gave up the rights to those coal properties quite a while ago. Their focus is solely on the Eagle Mountain Gold Project. Oddly enough though, the drilling success at the Border Saskatchewan coal property is the reason why I initially invested in GXS.
Comment by scott on Nov 15, 2021 3:48pm
Thanks for your response, Nick. I appreciate it. GXS has been stuck at this lowly price level for what seems like a lifetime. Hopefully we get some impactful news soon that actually rewards investors. GLTA
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