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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 > Free Cashflow @ $1900 Gold
View:
Post by tsxventurewatch on Jul 27, 2020 5:15am

Free Cashflow @ $1900 Gold

Gold is now at $1940. The free cashflow that Galane is generating at these levels is crazy. Put a multiple of 10 on that. Don't forget that after the Phase 2 expansion of Galaxy, there is a Phase 3 expansion on the cards. Great times!
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