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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 Dec 01, 2006 3:09pm
389 Views
Post# 11789102

RE: Goldcorp stock prices

RE: Goldcorp stock pricesI think there is #8 heading into year end - window dressing by institutional investors, and maybe a #9 reaction of foreign investors to increasing POG. An increasing POG and buying of PM stocks overseas could help mitigate a downdraft in PM shares over here in response to a slumping SM. IMHO - I have a huge position in Dec calls on most of the large cap gold and silver stocks, all profitable at the moment and have begun exercising big in-the-money calls, very gradually.
Bullboard Posts