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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

Comment by ardbegoilon May 13, 2020 8:36am
123 Views
Post# 31021063

RE:New Presentation by Galane and Recent Insider Buying

RE:New Presentation by Galane and Recent Insider BuyingI think that purchase of 56,000 shares by Jones is a big thing especially since he already owns 3.6 million shares.....If he thought Galane was going nowhere he wouldn't be stooping down to pick up a few scraps like that......I take it as a huge vote of confidence even as some view it as a meagre gesture.....As gold prepares to break out ,I would suggest taking a hard look at what is about to happen here.....Just look back at the Galane 10 year price chart for a little hint.....best to all
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