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Golconda Gold Ltd GG


Primary Symbol: V.GG Alternate Symbol(s):  GGGOF

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.


TSXV:GG - Post by User

Bullboard Posts
Comment by Wheeler44on Jul 24, 2006 7:22am
397 Views
Post# 11136536

RE: Gold Mining - thoughts - ?

RE: Gold Mining - thoughts - ?UNICO Management - with old Gold Mines Est 1878 Utah - is to develop the old Gold mining properties into a major mining operation - Noranda - 50 years ago were looking at some of the mines - but was only looking for certain base metals - to open pit mine - before Gold POG was $150/oz - at about 1973 - no one did any exploration for Gold & Silver - often they wanted copper or nickel and when the drillcores went for assaying - no one asked for Gold or Silver values - today the UNCN mining eng. consultants want to - develop the Gold properties into a major mining operation - - a World Class Deposit - is more like it - what UNCN has in Gold Ore-Treasures - its very rare of any mining company to have a rich - wire Gold vein - with free (visible) Gold in - their ore vein structure system - to get Au 6 - 7 oz per ton average plus high values - also in Silver and Copper in the same vein - I bet its not one - who can show You - a richer Gold & Silver vein system - than UNCN - Bromide Gold Mines! - Goldcorp's claiming that the Red Lake Mine - is the richest Gold Mine in the world - still UNICO's Gold-Ore with the Silver and Copper values - UNCN Gold Mines will be richer - Btw. the UNCN is undervalued - oversold and for less tham 2K You may get a buy fire-bargain of a million shares - at this bargain time - https://www.investorshub.com/boards/board.asp?board_id=177
Bullboard Posts