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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 Oct 30, 2006 4:49pm
267 Views
Post# 11582300

Interest Time Bomb - for fiat$$ -

Interest Time Bomb - for fiat$$ - Interest Time Bomb - for fiat$$ - The numbers for fiscal 2006 - are in and the bleak prospects of our exponentially escalating interest expense bodes particularly ill toward any hopes of balancing any future budgets - Interest expense on our debt for fiscal 2006 - totaled 405 billion - blowing away the next highest interest expense total in 1998 of 363 billion - At 405 billion, interest expense for 2006 - composed a whopping 70% of our total on-budget deficit - for the fiscal year - What will happen to this debt - now that higher average interest rates are required - to service our national debt to the gypsy banksters - following 14 consecutive Fed rate hikes? - Average issued debt maturity is just 55 months - (and getting time shorter) - https://www.babylontoday.com/#interest_time_bomb https://www.babylontoday.com/4e0f4730.png With total U.S. debt at 8.506 trillion dollars - this resulted in an on-budget deficit for 2006 - of 574 billion - the second largest in our nation's history - just 22 billion under the all time record deficit - set in 2004 - The very next reported day - the first day of the new fiscal year (October 2, 2006) - U.S. debt increased by over 42 billion dollars - If this had been added to the reporting day before - the total deficit for 2006 would have shot up to 616 billion - blowing away the former all time record deficit of 2004 - by 20 billion dollars - https://www.babylontoday.com/4dd82ae0.png Here is a chart of monthly bankstersgypsys debt increase - Hyperinflation will soon wipe out our fiat$$ - [chart]econc10.bu.edu/Ec341_money/Papers/Hubbar1.jpg[/chart] a billionen maybe bought a loaf of bread - the same gypsy banksters printing the fiat$$ today - https://econc10.bu.edu/Ec341_money/Papers/Hubbard_paper.htm history often repeat itself - What is the REAL Value of Gold? - Shouldn't there be A LOT more Gold than this? - See below or go to https://www.fms.treas.gov/gold/current.html Are they hiding it? - If this is "all" the Gold there is in - The Dept of Treasury - some 11 billion "dollars" worth - wouldn't the TRUE value of an ounce of Gold - be calculated by establishing - the Ratio of Gold - to FRNs and then determining how many ounces of Gold should be equal to an FRN? - In other words, we're not interested in knowing - how many so-called "dollars" each ounce of Gold - is "worth" but how many ounces of Gold - there are out there FOR each fiat FRN - in existence - Using the below data, this would be calculated by: 261,498,899 Oz / $11,041,058,821 = 2.61 X 10 ^ 8 / 1.10 X 10 ^10 = 2.37 X 10 ^ -2 Oz per FRN Thus each FRN in the US - is really only worth .0237 fine troy ounces of silver. Once we get the number of FRNs and other cash equivalents in circulation in the US - we should be able to calculate the REAL value of Gold - - not the bogus value foisted upon us by gov propaganda agencies. It's a simple step to then extrapolate this date to the WW scene, no? James Jaeger Missing 7 Trillion Dollar - Bubble Man: Alan Greenspan and the Missing 7 Trillion Dollars Former Federal Reserve chairman Alan Greenspan's famous 1996 pronouncement that an "irrational exuberance" had gripped the American stock market was premature; the markets continued to climb, reaching an exceptional peak in March 2000 before sliding into a $7.8 trillion collapse - Banking cartel cabals info - (biggest scams in the history) - https://www.netcastdaily.com/broadcast/fsn2006-1028-2b.m3u Gold - UCOI - US pennyplay - Unico, Inc. *** NEWS *** Photo Gallery of the Mill - and Processing Facility at The Deer Trail Mine - of Recent Reconstruction - - https://www.unicomining.com/news/othermedia.php https://www.investorshub.com/boards/board.asp?board_id=6582 You may get a 50 bagger + here? with a level playingfield and a more fair price - -------------------------------- FYI. - The anti-American and anti-Canada - negative bashers are the banksterz 9/11 terror pawn-clownz - watch the nightmarish full movie here..... https://www.projectblack.com/index.php?optionfiltered=content&task=view&id=19 911 Eyewitness - https://video.google.com/videoplay?docid=-3762231166802308548 Worlds Richest Silver Mine - FYpennyplay - FMNJ - Cerro Rico - https://www.franklinmining.com/Projects/HardRockProjects/CerroRicoPalivariIIAlternativeIIIBolivia/tabid/19638/Default.aspx Since the date mentioned until 1719, great bonanza periods have been reported for the quality of the mineral, with ore contents between 1,500 and 9,000 Silver ounces per ton - https://www.stockhouse.ca/comp_info.asp?symbol=FMNJ&table=LIST Franklin Mining Announces That Mining Project Has Estimated Mineral Reserves of About 2.2 Billion Dollars - 10/19/2006 LAS VEGAS, NV, Oct 19, 2006 (MARKET WIRE via COMTEX News Network) -- Franklin Mining, Inc. (PINKSHEETS: FMNJ) announced today that estimated current market value of the 5 veins and branches are estimated at 2.2 Billion Dollars. According to a report provided to Franklin Mining, Inc. by COMIBOL, the five veins and branches of the project in the Cerro Rico Mine are projected to hold about 5 million metric tons of ore, with the combined estimated reserves said to contain about 1,028,645 kgs of silver, 265,933 tons of zinc and over 72,377 tons of tin, yielding approximately 36,274,137 ounces of silver, 586,117,434 lbs of zinc and 159,518,908 lbs of tin. The reserve value is based on current LME prices of Silver, Tin and Zinc --- Get out of the fiat$$ - Get some Gold & Silver - FYS. - https://www.investorshub.com/boards/board.asp?board_id=5406
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