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.

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Golconda Gold Ltd

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Comment by zumzum45on Dec 13, 2011 4:05pm

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Post# 19318592

RE: G will be much higher in 2012...great company

one u s banks has something like US$90+Trillion of derivatives, 2 us bank has about US$40+T … How exactly do you lose or write off US$40T? The entire world’s GDP is only US$60-65T. The amount is insane. What if a cup of coffee costs US$1T? Then US$40T is only 40 cups of coffee. It is no big deal. I can afford 40 cups of coffee too. So, how do you get a cup of coffee to the price of US$1T? Hyperinflation ..Gold Rules !! USD is toast

Bullboard Posts

This junior mining stock offers billions in market exposure