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Golconda Gold Ltd 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 Stockdog12on Mar 22, 2009 9:31pm
261 Views
Post# 15862002

RE: Stock Price Going Up

RE: Stock Price Going Up

I hope your right on the green light for the go ahead, at the price the stock sits right now  I wouldn't doubt if it does get taken out, although apparently the mill is going to require a lot of cash to bring it back to operating stage, but the gold is there and potential for a lot more with exploration and diamond drilling. Hell the headframe,mill and other buildings on the property are likely worth a lot  more than .08 a share.

Bullboard Posts