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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 baba2on Sep 07, 2002 5:53am
182 Views
Post# 5416016

RE: NEWS....10.8 oz over 70 feet!!!!!!!!!!!!!!!!!

RE: NEWS....10.8 oz over 70 feet!!!!!!!!!!!!!!!!! in the mining world it is rare....look at most of these company's drill results, they get their panties all twisted over .1 oz per ton over any sort of strike length...this company is awesome. divedend increase, share split, increasing grades and tonnages, unhedged, no debt,lowest cost mine, extremely rich deposit, no political mumbojumbo to worry about, about 300 million in cash and bullion in the till,...etc, etc...... just buy it and forget about it!!!!!!
Bullboard Posts