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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 Aug 31, 2006 11:34am
359 Views
Post# 11300507

RE: Creating the World's Premier Gold Mining Comp

RE: Creating the World's Premier Gold Mining CompGot GOLD UNICO INC. - Welcome to UNICO INCORPORATED (AZ) - UCOI - Great UCOI Pennyplay - getting discovered - https://www.investorshub.com/boards/board.asp?board_id=6582 --- Creating the World's Premier Gold Mining Company - 8/31/2006 TORONTO, ONTARIO, Aug 31, 2006 (MARKET WIRE via COMTEX News Network) -- Goldcorp Inc. (TSX: G)(NYSE: GG) and Glamis Gold Ltd. (TSX: GLG)(NYSE: GLG) announced today that they have agreed to combine - in a US$21.3 billion transaction to create one of - the world's largest gold mining companies. The new company will continue under the name Goldcorp Inc. Under the terms of the transaction, which is structured as a Plan of Arrangement, Glamis' common shareholders will exchange each Glamis share for 1.69 common shares of Goldcorp, representing a value of US$51.49 per share based upon the closing price of Goldcorp on August 30, 2006. This represents a premium of 32.7% to the closing price of Glamis' shares on the TSX on August 30, 2006 and 34.8% to the 20 day volume weighted average trading price of Glamis' shares on the TSX. https://www.investorshub.com/boards/quotes.asp?ticker=t.g&qm_page=52261&qm_symbol=T.G https://www.investorshub.com/boards/board.asp?board_id=5456 -------------- The Largest Known Oil Reserves In The World - CanWest Petroleum Corporation Rings the Opening Bell - American Stock Exchange Events August 29, 2006 The members and employees of - The American Stock Exchange welcome - CanWest Petroleum Corporation (BQI) - as they ring the Opening Bell - https://www.investorshub.com/boards/board.asp?board_id=6668
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