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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 vraimanton Jan 02, 2007 1:16am
324 Views
Post# 11941090

RE: To: dwothers

RE: To: dwothersif you would prefer big reserves and inexpensive share price buy Sabina (SBB) and wait. I have no objection to Northern Orion, but question why you are so concerned about the future prospects of G. The share price will go higher IMO over the coming year. I do not believe that you would actually short G so I have doubts regarding your commitment to your own insights. Why not use your wisdom and analytical abilities to make money on the markets. Face your fears and do it...you know....no guts no glory kind of thing. If you are correct in your analysis, your will get ample rewards from the market. It is not very useful to spend your valuable time wondering why things are the way they are IMO. The trend is your friend, and the markets are not rational. I do expect that there will be many juicy shorts in the coming year but I do not think that G will be one of them. Wishing you health and prosperity. V
Bullboard Posts