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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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•••
Abito
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Comment by
Abito
on Jun 15, 2020 12:13am
RE:Preliminary Economic Assessment for Galaxy out within 3 week
This company is way undervalued. Being in Africa have anything to do with it?
(8)
•••
paperbiz89
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Comment by
paperbiz89
on Jun 14, 2020 11:53pm
RE:RE:Preliminary Economic Assessment for Galaxy out within 3 week
Recently, companies have been popping on their PEA releases. Galane could be next...
(72)
•••
ardbegoil
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Comment by
ardbegoil
on Jun 14, 2020 8:25pm
RE:Preliminary Economic Assessment for Galaxy out within 3 week
That should prove to be excellent timing......Gold will probably have broken out by then,,,,best to all
(8)
•••
paperbiz89
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Post by
paperbiz89
on Jun 14, 2020 5:11am
Preliminary Economic Assessment for Galaxy out within 3 week
It's been very quiet here lately. A bit of new regarding the company: In a 4th June 2020 interview, Ravi Sood mentioned that Galaxy's PEA is expected to be released within 30 days. Really
...more
(8)
•••
paperbiz89
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Comment by
paperbiz89
on May 29, 2020 8:49am
RE:RE:RE:The Devil is in Galane's Details
Their target at Galaxy is 4 million ounces of gold, and this is just for 6 of the 21 ore bodies present...
(72)
•••
ardbegoil
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Comment by
ardbegoil
on May 29, 2020 8:19am
RE:RE:The Devil is in Galane's Details
With the millions of ounces that have already come out of Galaxy I think Galane has a good chance of stumbling onto several extremely rich seams just by shoveling out what they already know they have.
...more
(40)
•••
2for1split
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Comment by
2for1split
on May 28, 2020 11:02am
RE:The Devil is in Galane's Details
I'd say he's more in your analysis. Good days ahead for Galane.
(8)
•••
paperbiz89
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Post by
paperbiz89
on May 28, 2020 10:03am
Liking how Galane is trading
The company is holding up quite well in these last few days when gold had retreated a bit. This bodes well for when gold goes on it's next run...
(7)
•••
Antithetical
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Post by
Antithetical
on May 27, 2020 10:26am
The Devil is in Galane's Details
Here we go again.... a bottom line of $1.66mn... wow.. a profit... but then one looks at the granularity and what does one see? There is a positive $1.23mn from foreign exchange effects. There is a
...more
(8)
•••
paperbiz89
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Post by
paperbiz89
on May 25, 2020 3:05am
South Africa to fully resume mining from June 1
https://news.metal.com/newscontent/101129130/south-africa-to-fully-resume-mining-from-june-1 Galaxy to march on...
(8)
•••
paperbiz89
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Comment by
paperbiz89
on May 24, 2020 6:16am
RE:1$
Very early days, but we are making baby steps...
(8)
•••
paperbiz89
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Post by
paperbiz89
on May 24, 2020 6:15am
Ravi Sood's Interview with Palisade Radio
https://palisaderadio.com/ravi-sood-now-is-a-stunning-entry-point-into-gold-miners/
(15)
•••
Tucson
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Post by
Tucson
on May 22, 2020 7:07pm
1$
Galane will hit a $ very soon
(8)
•••
paperbiz89
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Comment by
paperbiz89
on May 22, 2020 5:14pm
RE:Positive Q1 for Galane
Very strong close at 14.5 cents with decent volume for the day
(8)
•••
onetimer
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Post by
onetimer
on May 22, 2020 12:02pm
positive notes from MDA
1. they paid the current royalties and have continued paying the deffered royalties out of cash flow 2. new small open pit mine started ( did not know about that one) with decent head grade 3. loss in
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