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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
Post by DoubleManon Sep 25, 2008 3:51pm
522 Views
Post# 15484813

Will Goldcorp fall when US aid goes through..

Will Goldcorp fall when US aid goes through..Now this does not make sense.....the US feds will be approving at least $700 billion dollars to help out the devastated financial markets....this huge debt will add further to the US inflation and will certainly have a negative impact on the value of the US dollar...which in turn should add value to the POG and Goldcorp.

What I am seeing today is totally opposite to this theory....am I off base on this call or is it that shorters are taking over the gold market today...

Comments anyone...
Bullboard Posts