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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 Goldfingerron Dec 11, 2008 12:03pm
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Post# 15640315

A little TA on the USD and GOLD

A little TA on the USD and GOLDI posted a few days ago that the USD looked to be forming a head and shoulders top. Today it is right at the support level $0.8476. Should this support give way a 5% drop in the USD is posible.
Gold today is right at resistance $825.00.
The million dollar question is, will they bounce back from these levels or break through?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities