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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 Goldbrix54on Oct 18, 2006 1:30pm
369 Views
Post# 11521191

RE: ISS Canada Recommends Deal

RE: ISS Canada Recommends DealI've been in G/GG since $12.00usd. My averaged in price for all my shares is $16.40usd. I've made money with G/GG under both men. I do lean toward Rob McEwen's stance in this acquisition. Personally, I'd like Telfer and Board "SELL" me on Why they feel this is such a good merger. There are IFs to consider. Is this a good BUY if Gold tanks back to $300.00? Is this oferr premium reasonable at current Gold prices? At lower Gold Prices? Is G/GG paying added premium for the non producing Penasquito[sp?] property simply over core samplings? There are alot of questions that Telfer and the Board OUGHT to address to ALL G/GG shareholders whether the shareholder is in the top 100 or bottom 100. JMHO, Gb
Bullboard Posts