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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.


TSXV:GG - Post by User

Golconda Gold Ltd
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Post by DoubleManon Sep 26, 2008 9:51am
327 Views
Post# 15486357

Gold rises on aid delay...

Gold rises on aid delay...The tone and body language from Bush's speech just mintues ago tells the tale....there are serious problems getting an agreement....and now with Washington Mutual being seized yesterday afternoon....more trouble..

The POG is heading back up as some investers are seeking gold for security.....

Today may not be a good day for markets.....but it certainly is for gold plays...

GLTA today.....
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities