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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
Comment by vinoconundrumon Oct 15, 2008 2:43pm
417 Views
Post# 15527104

RE: hard to understand

RE: hard to understand

not hard to figure at all. anything gold or oil is the only thing that will sell right now so the crooks are selling whatever they can to pay the bills and cover there losses. remember their selling still gets them a commission even though the fund they are selling for the client likely doesn't even know. he/she just sees the bill at month end. it will come to and end and when it does gold shares will go through the moon overnight because these same crooks will become buyers. note how they capped gold in the last hour again today only to have it recover shortly after they blew their wad. first signs of the end will be days like today when they cap it and it quiclky recovers after close. when the recoveries are 4 or 5 times higher than the value that was lost in the capping you will know its ending.

it doesn't get better than owning G shares, today is just another buying opportunity.

Bullboard Posts