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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 Mar 02, 2007 12:47pm
205 Views
Post# 12343485

Will be interested in sinclair''s take on this

Will be interested in sinclair''s take on thisI will be interested to hear Sinclairs' analysis of the present sell down. Given the further erosion in the US economy, and the true costs of war, natural disaster and an aging population, it seems that printing more money or offering enticing interest rates will soon be seen to be the fake out that it is. Sorry for all the folks who got sucked in by those sucker mortgages and now will be losing their homes. Way to go big banks! The banks think they won, but lets see how they handle all the properties and default loans that they get stuck with. China is booming and will continue to do so IMO. US has had it very good for a long period and eventually, we all have to pay our dues. I tend to think Sinclair will get his day on center stage in the not too distant future. GLTA
Bullboard Posts