Golconda Gold Ltd V.GG

Alternate Symbol(s): GGGOF

Metals & Mining Gold

Golconda Gold Ltd. is a Canada-based un-hedged gold producer and explorer with mining operations and exploration tenements in South Africa and New Mexico. The Company operates through its wholly owned subsidiary, Galane Gold Mines Ltd., two assets: a producing gold 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 South Africa, and a gold and silver mine and processing infrastructure located in the United States of America (the Summit Property) that is in care and maintenance. The Galaxy gold is situated approximately 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 approximately 58.6 square kilometers (km2) is part of the prolific Barberton Greenstone Belt.

TSXV:GG - Post by User

Golconda Gold Ltd

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Comment by Stockdog12on Jun 02, 2009 9:02am

412 Views

Post# 16035821

RE: RE: RE: Share Price

Your right we have not heard a word as to how the financing is coming along or what the future plans are now that the 43-101 has been completed. We have to remember that the 43-101 was only done on the 3 Zone and Garson have a Number of properties in the immediate area that have been drilled with very good gold content in the core.Hopefully in the next 3 weeks we should hear from management as to what thier plan is.

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