Saffie

As Coal Skyrockets, Analysts Are Late to the Party

Recently GoldSource Mines Inc. (Public, CVE:GXS) finance.google.com/fin... stumbled upon coal while drilling for kimberlite in Saskatchewan, Canada. The drill holes were 1.6 Km apart and it is the speculators bet that the seams are contiguous judging by the stock price performance. GXS was trading around the 20cents range earlier in 2008 and when they hit pay dirt approximately 6 weeks ago, the stock took off like a rocket. It is now trading at $8.99 for a 45X gain or 4500% increase.

The same performance is looking like a possibilty for Cash Minerals (Toronto - CHX) finance.google.com/fin...