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Golconda Gold Ltd GG


Primary Symbol: V.GG Alternate Symbol(s):  GGGOF

Metals & Mining Gold
Golconda Gold Ltd. is a gold producer and explorer with mining operations and exploration tenements in South Africa and the United States. Its principal business activities are the exploration, development, and operation of gold mining properties. It operates through its wholly owned subsidiary, Galane Gold Mines Ltd., two assets: a producing mine which also has the rights to certain mineral exploration tenements (the mine and mineral exploration tenements collectively, the Galaxy Property) located in the Republic of South Africa (South Africa), through subsidiaries located in Mauritius and South Africa; and a mine and processing infrastructure located in the United States of America (the Summit Property). Its Galaxy gold property is situated about eight kilometers (km) west of the town of Barberton and 45 km west of the provincial capital of Nelspruit in the Mpumalanga Province of South Africa. The property covers 58.6 square kilometers and is part of the Barberton Greenstone Belt.


TSXV:GG - Post by User

Golconda Gold Ltd
Bullboard Posts
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(4)
•••
Comment by ellgaron Jul 28, 2011 9:52pm
350 Views
Post# 18885654

RE: RE: RE: RE: Growth story

RE: RE: RE: RE: Growth storyGood posts guys...porksnifer...hilarious...but please tell your true feelings...LOL!
...I've been swing trading this stock in the past between $40 & $50 but when the POG went above $1500 I thought for sure the days of $40ies are gone but here I am again buying today at $45ish with the POG above $1600 ... I feel for your pain buy & holders, this company should be giving double dividends with the profits they are taking in ... why have shareholders pressured the company on this issue? I'm sure another divi hike would keep the SP above $50 for more than a few weeks ... LOL!
 If the dept ceiling gets settled this weekend and the POG drops out what will happen to G ... average down on another buy op.  OUCH!
Bullboard Posts
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