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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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(8)
•••
paperbiz89
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Comment by
paperbiz89
on Apr 27, 2020 8:54am
RE:Cheap!
Galane will come out of the coronavirus outbreak in a very strong position with Gold at $1700 an ounce. We could even see it acquire brownfield projects on the cheap from companies under duress.
(194)
•••
macdtrader
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Post by
macdtrader
on Apr 27, 2020 8:23am
Fed meeting on Wednesday
Expect pressure on gold until Shitstien is done reading his minutes.
(72)
•••
ardbegoil
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Comment by
ardbegoil
on Apr 24, 2020 10:00pm
RE:RE:RE:RE:galane is breaking out !!
Five years ago the distrbution was 33% management ownership.....33% institutional and the rest was in various public hands .....The rigged marketplace has disrupted that balance and management had to
...more
(53)
•••
LowMoor
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Comment by
LowMoor
on Apr 24, 2020 8:33pm
RE:RE:RE:galane is breaking out !!
I have been thinking the same but they do own 54% so not bad.
(194)
•••
macdtrader
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Comment by
macdtrader
on Apr 24, 2020 5:51pm
RE:RE:galane is breaking out !!
The only thing I find a bit disturbing is no inside buying at this level.
(194)
•••
macdtrader
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Comment by
macdtrader
on Apr 24, 2020 5:47pm
RE:galane is breaking out !!
With current production and the current price of gold they should earn more than their current market cap this year.
(13)
•••
austrochris
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Post by
austrochris
on Apr 24, 2020 3:36pm
galane is breaking out !!
At 1700 Dollae galane makes a lot of cash . The marketcap does not reflect this . A easy 5 bagger from this level . once the mine in southafrica is in full production - 10 bagger !
(194)
•••
macdtrader
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Comment by
macdtrader
on Apr 24, 2020 2:58pm
RE:RE:RE:RE:RE:June gold futures expire next week.....
Their plan is to print money from thin air, bankrupt everyone and buy everything so they can own everthing. Total Control. It's really not complicated. These stocks
...more
(72)
•••
ardbegoil
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Comment by
ardbegoil
on Apr 24, 2020 12:40pm
RE:RE:RE:RE:June gold futures expire next week.....
Yes...that was quick but I wonder how many short contracts had to be generated to make it happen and I wonder by who???....In my opinion it is the gold sector that holds the key to the whole bankrupt
...more
(194)
•••
macdtrader
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Comment by
macdtrader
on Apr 24, 2020 12:03pm
RE:RE:RE:June gold futures expire next week.....
That didn't take long, Did it? lol
(72)
•••
ardbegoil
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Comment by
ardbegoil
on Apr 24, 2020 11:34am
RE:RE:June gold futures expire next week.....
Looks like another bankster weekend....best to all
(194)
•••
macdtrader
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Comment by
macdtrader
on Apr 24, 2020 10:00am
RE:June gold futures expire next week.....
I've noticed over the years the scummy banksters dont like gold to close with a green print over a weekend. Quite rare
(72)
•••
ardbegoil
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Post by
ardbegoil
on Apr 24, 2020 8:52am
June gold futures expire next week.....
And the futures are printing almost $1760 today.....I expect today to be a good "gold" day leading into the weekend especially with most sensible people not wanting to be exposed to all the
...more
(53)
•••
LowMoor
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Post by
LowMoor
on Apr 23, 2020 3:40pm
Cheap!
Thanks! Looking forward to the PEA and earnings next week. Gold breaking new highs by May..
(53)
•••
LowMoor
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Post by
LowMoor
on Apr 23, 2020 3:39pm
Cheaps shares!
Thanks as I have some friends looking to add here..
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