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Golconda Gold Ltd GG


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

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

Bullboard Posts
Comment by gwplanton Nov 24, 2012 12:21pm
240 Views
Post# 20639592

RE: G IDIOTS

RE: G IDIOTS

Hard to argue with your opinion especially on a day when gold was up over $23 and G bounced back after spiking above $41...I added to my position on Friday based on the charts and more on GG being above the 200 day MA, I will not hold for long if it decides to head south again.  This stock is tough to figure, I have decided that I want to own a major and compared to ABX this is the likely winner.

Bullboard Posts