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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

Post by fatman2442on Aug 21, 2020 9:48am
191 Views
Post# 31437738

272k warrants expired today

272k warrants expired todayAnyone know total amount left? Wayne Hatton Jones let 270k + warrants expire - I don't know why, maybe he's strapped for cash, but it seems like something I'd take out a loan on just to get those .05 paper.  

This is the only hurdle in my mind is those warrants left.  You won't see management dump because that just looks horrid, but maybe others will - after all it's more than 5x so 20k gets you 100k, 100k gets you half a million etc.  

Because the volume is not steadily high, that could force the PPS down (maybe) but every single other item is positive.  Price of gold, production, expansion, etc. 

Any other thoughts someone has to bring to the table? 
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