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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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Comment by langeron Oct 09, 2008 11:18am
373 Views
Post# 15516384

RE: Gold Now $1020 CAD

RE: Gold Now $1020 CADI don't get why this guy would say the paper market would fail.

I assume when he says the "paper market" will fail he is refering to the stocks of Gold co. and not the stock market in general.

I listened to the interview and I don't make the connection as to how Gold prices will double very quickly but shares in Gold co. will collapse.

or am I completely misinterpreting his comments?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities