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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 krishakon Aug 10, 2006 12:59pm
221 Views
Post# 11209054

RE: All I'm saying is:

RE: All I'm saying is:Your point of the over enthusiasm at G-E is well taken. However some posters there, notably Richard640 have been calling the short term moves quite accurately lately. The reason I am inclined to dismiss Prechter's analysis completely is because of his predictions since 2003 of $200 gold. Anyone following his council has missed out on a huge bull move so far in gold. Prechter and Joe Granville made some brilliant SM calls in the 70's and 80's, then they "lost the touch", like Elaine Garzarelli later on. After a sucession of hugely successful calls the ego probably gets involved - intuition/clairvoyance then gets blocked. Keep posting Vietgirl you make this goldbull cautious.
Bullboard Posts