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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 fivekson Nov 15, 2006 1:23am
605 Views
Post# 11683630

RE: earnings?

RE: earnings?Are we in for a drop tomorrow ? I am afraid yes. From the very beginning, I did call Telfer the Fox in the henhouse, a loss of 32 million in copper derivatives alone, what other derivatives are outstanding ? Non-GAAP (creative) accounting ? And all that before the millions of Glamis shares are added. And we still don't know the details of the loan to pay Barrick for Placer, is it a recourse or nonrecourse loan ? Imo., Telfer will keep on diluting and eventually hand Goldcorp over to the Barrick crooks. Fiveks.
Bullboard Posts