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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 > Share consolidation.
View:
Post by bailey2 on Jul 11, 2022 4:46pm

Share consolidation.

When does this magical useless  1 for 5 take place?  What bad timing. We get to 40 or 45 cents. If they had of cancelled or changed their minds, we would be probably be closer to 20 than under 10 cents right now............disaster.....4 thousand shares traded today to lift it to 9 cents.......glta
Comment by bailey2 on Jul 12, 2022 5:08pm
Management has to come to their senses, and even though they have the authority to consolidate shares structure, in a down market environment, and recesssion fears, hold off for at least 6 months or so. Just because they thought they could get the price much , much , higher before consolidation, it will not happen. Save your bullets, and shoot them when they REALLY count. Now is not the time. You ...more