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Bullboard - Stock Discussion Forum
Golconda Gold Ltd
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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Bullboard (TSXV:GG)
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(4)
•••
Abito
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Post by
Abito
on Apr 04, 2023 11:23am
what a joke
Gold is over 2020 and ounce and the stock is down 10% for the day.
(13)
•••
austrochris
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Comment by
austrochris
on Apr 02, 2023 11:59am
RE:RE:How much money have you made so far..
OUTLOOK from November Following declaration of commercial production at the Galaxy Property in Q4 2021, the Company continues working on plans to execute phase 2 of the Galaxy Property development
...more
Silvercorp to Acquire Adventus, Creating a Diversified Mining Company
posted May 02, 2024 9:00am by
Adventus Mining Corp.
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Under the terms of the Arrangement Agreement, each holder of the common shares of Adventus will receive 0.1015 of one Silvercorp common share in exchange for each Adventus Share at the effective time of the Transaction. The Exchange Ratio implies consideration of C$0.50 per Adventus Share ...read more
(13)
•••
austrochris
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Comment by
austrochris
on Mar 30, 2023 1:03pm
RE:How much money have you made so far..
It is no question of money made ! The whole sector is terrible at the moment . Production will go up 2023 . Grade is higher than expected , L 22 is fully reachable . https://twitter.com
...more
(28)
•••
Tree2tree
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Post by
Tree2tree
on Mar 30, 2023 9:20am
How much money have you made so far..
..by believing in this company's promises? Unfounded optimism is any easy way to lose money. Look at the track record, not the latest promises.
(13)
•••
austrochris
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Post by
austrochris
on Mar 30, 2023 3:47am
2023 should be interesting !
projections for 2023 : 25000 ounces of gold - 1800 Dollar - 1200 all in costs = free cashflow - 15 Million US Dollar = about 20,5 Million Canadian Dollar . At 1900 Dollar free cash flow = marketcap
...more
(0)
•••
BIICHslapper
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Post by
BIICHslapper
on Feb 26, 2023 11:41pm
Stock price - consolidation - promises
Here's something to swallow: you're company is worthless! Ravi... Brodie... what are you doing with our money invested?? Ravi goes from no shares to 16,000,000 in less than 1
...more
(108)
•••
bailey2
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Comment by
bailey2
on Feb 16, 2023 7:25am
RE:RE:Summit mine NPV 66 million USD - Time for a restart?
LOL, still trading at about just over 7 cents before apparent neccessary consolidation of shares. When a CEO uses the word "hopefully" in any sentence, you know the company is in trouble....
...more
(42)
•••
Aton
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Comment by
Aton
on Jan 23, 2023 4:53am
RE:Summit mine NPV 66 million USD - Time for a restart?
Closer and closer.. https://twitter.com/GolcondaGoldLtd/status/1617432023953448960?s=20&t=vHALdjUeI1KoXic2O7KfiQ Summit mine NPV 66 million USD - Time for a restart? When they
...more
(28)
•••
Tree2tree
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Comment by
Tree2tree
on Jan 19, 2023 1:18pm
RE:Summit mine NPV 66 million USD - Time for a restart?
"we will hopefully have this up and running in the near term." A statement like that from a ceo is actually a major red flag, but you are trying to spin it as great news. Big mistake.
...more
(42)
•••
Aton
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Comment by
Aton
on Jan 15, 2023 4:24am
RE:RE: Presentation: Golconda Gold - "..we are going to take off"
This is worth thinking about once more.. Galaxy is one of the oldest mines in South Africa and drilling results have been piling up for a century. The gold price movement right now is just what GG
...more
(11)
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Jumpenin
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Post by
Jumpenin
on Jan 14, 2023 2:15pm
Twitter Link
Here is the new Twitter feed for Golconda https://twitter.com/GolcondaGoldLtd Jumpenin
(42)
•••
Aton
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Post by
Aton
on Jan 13, 2023 7:09am
Summit mine NPV 66 million USD - Time for a restart?
When they announce the restart of Summit mine in New Mexico the SP should get a good boost up. All is ready for a start up from permits to mill, Banner mill is complete with crush, mill, float, drill
...more
(0)
•••
PressRelease
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Post by
PressRelease
on Jan 11, 2023 7:30am
New Press Release - Golconda Gold Ltd. Reviews 2022: A Transformative Year
TORONTO, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Golconda Gold Ltd. (“Golconda Gold” or the “Company”) (TSX-V: GG; OTCQB: GGGOF) continued its progression in 2022 to meet its goal of becoming a long-life and low-cost operation that can produce positive returns for investors across commodity cycles. ...
read article.
(42)
•••
Aton
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Comment by
Aton
on Jan 11, 2023 7:01am
RE: Presentation: Golconda Gold - "..we are going to take off"
The gold price movement right now is just what GG needs to "..take off" but they have also very big reserves and resources. Around 1M oz M/I and 1,4M inferred. And as they state on the
...more
(42)
•••
Aton
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Post by
Aton
on Jan 04, 2023 6:58am
Presentation: Golconda Gold - "..we are going to take off"
One of best exposures to gold are some shares in GG. If gold goes to around $2000 I think SP will go 2 -3 times with ease. Remember they have a realistic target of $750 AISC when production goes up.
...more
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