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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 montreal10on Jun 14, 2017 10:19pm
73 Views
Post# 26364474

Insiders are still buying

Insiders are still buying
I am starting to like this stock...who knows they may end up with a good deal and millions of ounces of gold in the ground...and producing more than they do currently....good leverage to gold price going higher....if u believe so, like i do.  
I will be adding more to my position, another 300K to make it to a million shares and hope they close a deal and gold price goes to 1600$.   Good luck to all!

This Friday, we will know about the short selling position and figure out if shorts recovered or doubled down

Date Closing date Issuer Insider Transaction Volume Price Total
  2017-06-08 2017-06-12 $GG
Galane Gold Ltd.
Bhalla, Amar
4 - Director of Issuer
10 - Acquisition or disposition in the public market +300,000 0.0999 6,862,189
  2017-06-08 2017-06-12 $GG
Galane Gold Ltd.
Bhalla, Amar
4 - Director of Issuer
10 - Acquisition or disposition in the public market +127,500 0.1000 6,989,689


Bullboard Posts