Golconda Gold Ltd GG

Primary Symbol: V.GG Alternate Symbol(s): GGGOF

Metals & Mining Gold

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.

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Golconda Gold Ltd

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Comment by cdnbeauon Mar 21, 2008 9:55am

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Post# 14757797

RE: Eric Sprott sums it up today

Moriarty and Hoye called it (then Moriarty hemmed and hawed 1 day before tankeroo) As did that funny little COTStimer dude on 321gold - he admits he may be off by a few weeks but was out both gold and silver I think the bottom nearly in - Asians may start scooping this weekend, but also believe the ascent will be less violent this time - other sectors lookin good too (banks, tech) GLTA

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