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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
Post by TREV16on Oct 16, 2005 7:03pm
380 Views
Post# 9718228

Bill Murphy comment.....

Bill Murphy comment.....*Deep Throat showed up. What was sent to GATA today was CONFIDENTIAL. I can only get into the basic subject matter, not delve into too many specifics, and not reveal our source. The essence of what was sent to us was the ILLEGAL gold/silver leasing scams are coming to an end. That the authorities are apprised that gold and silver have been leased out in an ILLEGAL manner and that those bullion banks doing the leasing do not have the gold and silver to back it up. This is all I am able to reveal at this time. Perhaps I will be at liberty to be more explicit in the months or years to come. The only other remark I can make as to the information GATA received this morning is that most of it is consistent with the GATA information brought to your attention over the past years, especially our invaluable STALKER input.
Bullboard Posts