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Bullboard - Stock Discussion Forum 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... see more

TSXV:GG - Post Discussion

Golconda Gold Ltd > Almost closed at 16 today.....
View:
Post by ardbegoil on Jun 24, 2020 7:43pm

Almost closed at 16 today.....

40,500 shares traded at 16 cents @ 3:42 pm today and then a 2000 share trade from 2 obscure trading houses took it back down to 15.5  just 10 minutes later and then the end came....Soon there will be only rising bids and look out then......best to all
Comment by onetimer on Jun 28, 2020 10:40am
This could be a possbility, the debenture holders can be forced to covert debt for shares and they lose the interest payments. it made it 7 days before small trades at end of day knocked it down From MDA the Company has a right of forced conversion with respect to the principal where the trading price of the Common Shares exceeds C$0.15 for 10 consecutive trading days;
Comment by Abito on Jun 30, 2020 10:43am
most smaller producers are trading in dollar and up range. We are stuck in mid teens. Would is passing us by.
Comment by Abito on Jul 02, 2020 3:27pm
only gold stock i have trading red today
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