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Golconda Gold Ltd 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 money88on Nov 08, 2007 12:12pm
160 Views
Post# 13776707

RE: 2 or 3 times from here?

RE: 2 or 3 times from here?Sorry for taking so long to get back to you. I agree with you that there's lots to like about this company. I'm not sure of your exact questions, but assuming you are looking for shares outstanding there are approx 83 mil as per the website. Regarding financing, look for some financing soon, maybe before the end of the year some where in the millions. As for the terms we'll see. Too bad the sp isnt better though. But again, it's still very cheap so get on board before it moves.
Bullboard Posts