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Bullboard - Stock Discussion Forum Golconda Gold Ltd V.GG

Alternate Symbol(s):  GGGOF

Metals & Mining Gold
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 > 2023 should be interesting !
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Post by austrochris on Mar 30, 2023 3:47am

2023 should be interesting !

projections for 2023 : 25000 ounces of gold - 1800 Dollar - 1200 all in costs = free cashflow - 15 Million US Dollar = about 20,5 Million Canadian Dollar . At 1900 Dollar free cash flow = marketcap . Summit should be built 2023 . Silver will be closer to 30 Dollar 2024 or even higher , means NPV about 100 Million Dollar . and Galaxy should be also ramped up 2024 to close 30 to 35 000 ounces / year .
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