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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
Post by Raffi14on Aug 18, 2016 9:06am
97 Views
Post# 25153394

Ahead of Schedule

Ahead of ScheduleVery good news today! The numbers and time frame put us a little ahead of schedule. Now, I am convinced more than ever this stock will exceed $1. 2017 will be fantastic when Galaxy is added to the mix and production gets to full capacity. In the meantime, we should still see a nice rise in share price toward the end of the year when next quarter's earnings are announced. The fundamentals are just too good to ignore. If you have the money, now is the time to get in on this stock before it makes its move. Good luck to all!
Bullboard Posts