Golconda Gold Ltd V.GG

galane is breaking out !!

[austrochris]

At 1700 Dollae galane makes a lot of cash . 
The marketcap does not reflect this . A easy 5 bagger from this level .
once the mine in southafrica is in full production - 10 bagger !

[macdtrader]

With current production and the current price of gold they should earn more than their current market cap this year.

[macdtrader]

The only thing I find a bit disturbing is no inside buying at this level.

[LowMoor]

I have been thinking the same but they do own 54% so not bad.

[ardbegoil]

Five years ago the distrbution was 33% management ownership.....33% institutional and the rest was in various public hands .....The rigged marketplace has disrupted that balance and management had to pick up the slack.....I think this will be bought out this time and don't forget under SEC rules insider managements' vote doesn't count unless they manage to take this private..I hope it