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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 Canada-based un-hedged gold producer and explorer with mining operations and exploration tenements in South Africa and New Mexico. The Company operates through its wholly owned subsidiary, Galane Gold Mines Ltd., two assets: a producing gold mine which also has the rights to certain mineral exploration tenements (the mine and mineral exploration tenements collectively...
, the Galaxy Property) located in the Republic of South Africa (South Africa) through subsidiaries located in South Africa, and a gold and silver mine and processing infrastructure located in the United States of America (the Summit Property) that is in care and maintenance. The Galaxy gold is situated approximately eight kilometers (km) west of the town of Barberton and 45 km west of the provincial capital of Nelspruit in the Mpumalanga Province of South Africa. The property covers approximately 58.6 square kilometers (km2) is part of the prolific Barberton Greenstone Belt.
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Bullboard (TSXV:GG)
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(26)
•••
Beabaggage
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Comment by
Beabaggage
on May 10, 2022 10:17am
RE:Good News Today
yes have added on pullback, much better grades showing up, if it carries thru the area, will be very accretive to results. I am sure they will get New Mexico on track it may take a little longer
...more
(6)
•••
Goose15
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Post by
Goose15
on May 09, 2022 12:03pm
Good News Today
Good news today about Galaxie waiting on summit that they said will do a news release before end of may and also the first Q 2022 results gold have been a good price and no more mupane that
...more
(3023)
•••
Betteryear2
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Post by
Betteryear2
on May 03, 2022 5:35pm
Completion of the Disposition of its Mupane Property
TORONTO, May 03, 2022 (GLOBE NEWSWIRE) -- Galane Gold Ltd. (“Galane Gold” or the Company”) (TSX-V: GG; OTCQB: GGGOF) today announces that it has completed the sale of its Mupane gold mine in Botswana
...more
(47)
•••
tsoprano24
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Comment by
tsoprano24
on May 03, 2022 8:59am
RE:RE:RE:RE:RE:RE:Massive cash bleed
Mac, I wouldn't take too much of his posts seriously. He has a reputation on many boards as a negative poster. He's been burned repeatedly and thinks it's managements fault every time
...more
(1)
•••
MacRellen
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Comment by
MacRellen
on May 02, 2022 5:06am
RE:RE:RE:RE:RE:RE:RE:Massive cash bleed
Yeah, they're not fast, but I think they'll get there in the end. And the stock price reflects their slow progression. We'll soon see if they're able to deliver on the 15-18koz they
...more
(19)
•••
Tree2tree
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Comment by
Tree2tree
on May 01, 2022 8:07pm
RE:RE:RE:RE:RE:RE:Massive cash bleed
"Both Galaxy and Summit look like nice little projects, a lot more promising than Mupane." Galaxy - a few highlights: 2015: Acquisition of Galaxy announced, and completed. 2016: Commenced
...more
(1)
•••
MacRellen
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Comment by
MacRellen
on May 01, 2022 5:23pm
RE:RE:RE:RE:RE:Massive cash bleed
Galane has a messy past, anyone can see that. The gold mining space collapsed shortly after they bought Mupane, so timing was not the best... And early long term investors obviously made a bad
...more
(19)
•••
Tree2tree
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Comment by
Tree2tree
on May 01, 2022 2:33pm
RE:RE:RE:RE:Massive cash bleed
"So you're basically accusing management of exploiting investors' money to finance their lifestyles instead of developing the company." Eureka! Bingo! Hallelujah!
...more
(1)
•••
MacRellen
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Comment by
MacRellen
on May 01, 2022 10:01am
RE:RE:RE:Massive cash bleed
You talkin' to me? ;-) The original post was by tree2tree, and it's still here. Goes as follows: " Massive cash bleed How long can they keep playing this game, sucking in new investors
...more
(1)
•••
MacRellen
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Comment by
MacRellen
on May 01, 2022 9:52am
RE:RE:RE:Massive cash bleed
So you're basically accusing management of exploiting investors' money to finance their lifestyles instead of developing the company. And you have nothing to back your accusations except stock
...more
(2)
•••
Bob100
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Comment by
Bob100
on May 01, 2022 9:23am
RE:RE:Massive cash bleed
Where is original post ? Or are you just another low level -----?
(19)
•••
Tree2tree
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Comment by
Tree2tree
on May 01, 2022 8:36am
RE:RE:Massive cash bleed
When some people read what they don't want to hear, they react by asking the poster to provide proof. We are not in court and I do not provide free, on-demand research. The information
...more
(1)
•••
MacRellen
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Comment by
MacRellen
on May 01, 2022 8:08am
RE:Massive cash bleed
If true, this is very interesting. Could you provide some concrete info on your accusations? What do you know about management's lifestyles? Are their salaries / bonuses excessive compared to
...more
(19)
•••
Tree2tree
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Comment by
Tree2tree
on Apr 30, 2022 9:13am
RE:Massive cash bleed
A decade of consistent performance, and lifestyle support. And throughout those ten years, of course management has always promised that better times are just around the corner.
(6)
•••
Goose15
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Post by
Goose15
on Apr 29, 2022 2:17pm
Galaxie
She will back galaxie did good so no issue if you are long waiting for summit update and mgm could do a better format for the release by the way mupane and the debt is gone ....
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